traded stock for girlfriend

[charliedees]

What is the name of your state? new mexico

during the time my girlfriend and i lived together we traded stock on her internet stock account....am a liable for the transactions that were done on the account.....am i liable for taxes owed on the account...no contract was signed between us...no agreements were signed....thanks for your help

 

[vrzirn]

Without written agreements to the contrary, if she lost a bundle she may sue you for secretly obtaining access to her password and trading her account. (That may be difficult to prove if all transactions were on-line.) If you made a bundle the acount and profits are hers and the taxes are her responsibility. She owes you nothing.
Stay out of trouble and do not do that again.

 

[charliedees]

thanks for the advise

thats for the information....she signed papers for me to have power of attorney over her account.....so i had access..but all the trades were done online....she is trying to say that i owe the taxes on the account.....and she dosent want me to have any of the money...thanks again for all you help...charlie

 

[vrzirn]

How can any one help you when you deny in your first post what you admit to in the second. Get your story straight and go see an attorney!

 

[HomeGuru]

The story keeps changing.
I wanted to know how much stock the writer needed to trade for his girlfriend.
And if the trade was worth it.

 

[charliedees]

was i liein...

is a power of attorney a contract....or what i did with the power of attorney a inplied contract..i have talked to a lawyer....for home guru....to much...but it was fun....just not fun to have legal problems with a ex-girlfriend with that much money....