How can I transfer units between an existing and a new unitholder without affecting prior year unit balances?
To complete this, you can enter a new set of unit details that subtract units from the existing unitholder, then add units to the new unitholder.
Navigate to the Beneficiaries Screen:
|From the Main Toolbar, hover the cursor over the Beneficiaries icon|
|From the side menu, select Beneficiaries|
- Select the existing unitholder that you will be transferring units from:
- Select "+ Add Units":
- Input unit details with a negative number of units. This will subtract these units from this unitholder:
- Once completed, select the new unitholder and add the units as usual, see: Beneficiaries Screen - Editing Beneficiary Information.