jrstiglich
Junior Member
What is the name of your state (only U.S. law)? What is the name of your state (only U.S. law)? ilinois
I have had my father manage my investments for most of my adult life. he set up IRA s for all of us kids. He is primary account holder for these investments. about a year ago I sold my condo to move in with my boyfriend. I gave the profits to my father to hold onto. I told him that I wanted some invested and some cash to use for student loans and other personal things. without my consent he put it all (almost $100,000) into an IRA in my name. This is due to the fact that he found out that I am gay and he thought I was making a mistake by moving in with my boyfriend. I eventually decided to withdraw a portion and take a hit with penalties. I needed to start paying some student loans and plan for my future with my new life partner. Over the last few months I have struggled to get the money moved to my bank account. There were many unexplained delays and missing deposit. It was finally revealed that my father interfered. He caused the delays and eventually diverted the deposit to himself. He believes that he is protecting me from making a mistake with spending money on anything that has to do with my life with my boyfriend. What kind of legal rights do i have and what course of action can I take to get my money back?
I have had my father manage my investments for most of my adult life. he set up IRA s for all of us kids. He is primary account holder for these investments. about a year ago I sold my condo to move in with my boyfriend. I gave the profits to my father to hold onto. I told him that I wanted some invested and some cash to use for student loans and other personal things. without my consent he put it all (almost $100,000) into an IRA in my name. This is due to the fact that he found out that I am gay and he thought I was making a mistake by moving in with my boyfriend. I eventually decided to withdraw a portion and take a hit with penalties. I needed to start paying some student loans and plan for my future with my new life partner. Over the last few months I have struggled to get the money moved to my bank account. There were many unexplained delays and missing deposit. It was finally revealed that my father interfered. He caused the delays and eventually diverted the deposit to himself. He believes that he is protecting me from making a mistake with spending money on anything that has to do with my life with my boyfriend. What kind of legal rights do i have and what course of action can I take to get my money back?
