Hi hcarter2012. First, this is a common process. While we have heard of groups doing this without a lawyer, I wouldn't want to recommend that to you because I don't know what your specific circumstances are. However, you can get a lot of information and step-by-step tips on making this move in our article, Swithcing From PTA to PTO. Link Text Regarding you question on money specifically, it appears that many groups spend down the account, funding various school projects as they get ready to make this change. That's just one option, though. Other groups donate the remaining funds to other non-profit groups. Good luck with your plans and stay in touch.
- Rose H
Links in this post:
Swithcing From PTA to PTO. Link Text: https:/classic.ptotoday.com/ /pto-today-articles/article/864-switching-from-pta-to-pto