Can I sue my father for steeling stocks that were in my name and that he had transfered to his name with out my authority?
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Can I sue my father for steeling stocks that were in my name and that he had transfered to his name with out my authority?
My parents set up a joint stock account fund for my sister and I when we were younger (and minors). Now my parents are in the process of divorce and my father will not release the money to us. He also took my name off the joint account wirhout my authority. My dad has explained to me that we will not receive the money after the divorce, but I am afraid that will be to late. I want the money transfered to me before but he insists his lawyer states this cannot happen. Is this true?
Asked on July 20, 2012 under Bankruptcy Law, Maryland
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
If you have concrete evidence that your father placed stocks that were in your name or in a custodial account for you into his name without written authorization to do so and you want the certicates placed in your name again and he will not do so, then you seemingly have a factual and legal basis for a legal action to compel him to do so or for damages.
I suggest that you consult with an attorney experienced in Wills and trust law including custodial accounts to assist you with further questions that you may have concerning your particular matter.
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