- April 6, 2024
- Posted by: legaleseblogger
- Category: Related News
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### Situation Overview
Many years ago when I was a minor, my Grandfather opened a Certificate of Deposit in my name with me listed as a minor on it. I believed he is listed as the adult on the account. I am now an adult(over 21+) and looking to withdraw the CD. I was told because I am listed as a minor on the CD I would need to have my grandfather approval to withdraw the money. Problem is since then I have learned he is not the person I thought he was and would likely take the money for himself. I am trying to avoid involving him if at all possible and did not know if there was a way to resolve this. My Mother has power of attorney over him, but when presenting it to the legal team of the bank, was told it has to be dated within a year for them to accept it. I have been paying any taxes on it since it was incited and all tax related paper work is in my name and sent to my address. Any advice here would be appreciated.
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FREE Legal Document translation
****** just grabbed a
What have you been paying taxes on? No taxes would be owed until the CD and any gains are cashed out.
What did the bank say when you asked them?
Good luck with that. Louisiana’s laws are an entity into their own. They use French and Spanish law as a base while the rest of the country uses Roman law