Ask Experts Questions for FREE Help !
Ask
    sandyss's Avatar
    sandyss Posts: 1, Reputation: 1
    New Member
     
    #1

    Feb 21, 2011, 08:58 PM
    Minors settlement was embezzled?
    When I was a child, something happened to me. Unaware of by me my parents sued and I was awarded a settlement until the age of 18. A friend of mine told me that she was paid by my parents to pretend to be me and sign docs. She did, they paid her, and took the money. This was back in 1982 and I was unaware of it. My question is wouldn't the entity entrusted to disburse the money had to have asked for proof of my identity, or wouldn't it had to be notarized and is the trustee of the settlement responsible as I never signed for it and they did not confirm who I was. The amount was $250k (I do not wish to discuss what it was for).
    m_lynn's Avatar
    m_lynn Posts: 14, Reputation: 3
    New Member
     
    #2

    Feb 21, 2011, 09:58 PM
    It is my understanding if the money in trust is for a minor the person responsible for the minor can do as they deem necessary with the money basically they have power of attorney. Now that being said upon turning 18 whatever money was in the trust should have now been in your control. But do u want to go after your parents legally for it or not
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
    Expert
     
    #3

    Feb 21, 2011, 11:43 PM
    How old were you?

    Your parents would have entered into a settlement, in your behalf, with the entity which was responsible for whatever happened to you.

    I wouldn't trust what your "friend" has told you. After all, she apparently did something fraudulent in the past, so don't expect her to be honest now.

    But no: it wouldn't have been necessary to fraudulently hire this person to impersonate you. Your signature probably wouldn't have been necessary any way.

    In many places, there are procedures established for court approval of settlements in behalf of minors. Check with the local court for records of such a proceeding.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #4

    Feb 22, 2011, 05:05 AM

    Since you were a minor, it is highly unlikely that your signature would have been required, since you would not legally have standing. So what your friend told you is very suspect.

    You need facts here, not what your "friend" told you. You need to know the exact terms of the settlement. It may be that your parents used the money to pay for expenses dealing with the reason for the settlement or just for raising you. So there may have not been any embezzlement.

    It is also likely that the statute of limitations has passed on this anyway.
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
    Uber Member
     
    #5

    Feb 22, 2011, 06:52 AM
    Quote Originally Posted by m_lynn View Post
    It is my understanding if the money in trust is for a minor the person responsible for the minor can do as they deem necessary with the money basically they have power of attorney. Now that being said upon turning 18 whatever money was in the trust should have now been in your control. But do u want to go after your parents legally for it or not


    Please - this is a legal forum. Make certain your advice is correct and post citations.

    You are incorrect in NY. I have no idea where the OP resides.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

My business partner embezzled a $5,600 check... [ 3 Answers ]

My business partner stole a check that is worth well over $5,000. He convinced my client to give it to him, even though I am the boss and we had all agreed that the checks were coming to me. He already owed me $2,200 from previous work I did for him, plus he used my copyrighted material for...

I embezzled $33,000. [ 19 Answers ]

... from a restaurant while working there as a manager. I know, it was a stupid thing to do. I have a BS in Management and I know for a fact that no one will EVER give me a job as a manager again (im okay with that cause I hate managing people). I'm considering going back to schools for a BS in...

Auto Accident: Damage Settlement not Injury Settlement [ 13 Answers ]

Hello all and thank you in advance for your kind answers. My Girlfriend was involved in an accident in November. Here are some key points about the event. 1. Accident Fault - Fault was clearly the other driver Documented in the Police report. 2. Vehicle is currently financed - In both of...

Minors [ 1 Answers ]

In houston Texas is it illegal for a 17 year old to move out of their parents house? Or can his or her parents doing something about it?

Minors having sex! [ 2 Answers ]

I was wondering what laws in CA are there for a 17yr old male to have sex with a 16 yr old female. Can the 17 yr old be charged with unlawful sex with a minor even though they are both minors. Where can I find more informationon this topic?


View more questions Search