Cancel 1 line of Family Share Plan (2 lines)

1.No you would be charged 1 fee you would have to start a new plan.
2.No you can keep it as it is I believe vzw would do most of the work for you in that regard.

 

To elaborate a little more on Ryan's post:

You would be charged $175 for the one line you are canceling, you would switch to a single line plan. Whichever line remains after the port becomes primary. As Ryan said, Verizon will take care of that part of it.

Just make sure you don't cancel the line with Verizon. Just do the port and the carrier you port to will take care of the rest. After the port is done, call Verizon and make sure your plan is changed and that everything is set on your account.

 

With all respect, would it not be better to just call VZW and ask how they could help you do what you are trying to achieve?

 

You would have the choice of the plan you'd be switched to. You would be renewing for another two years, but it would NOT affect your New Every 2 date. But you could always ask and see what they could do. If you wanted to buy a new phone, you might have to pay full price, but it never hurts to ask.