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Financial Planning / Tax Strategies


Subject:  Re: Unknown Accounts Date:  7/20/2011  5:30 PM
Author:  reallyalldone Number:  113774 of 129771

After looking/thinking today, I think my MIL's difficulty in "giving" it to my wife is that she no longer has legal control as you implied.

It's a little different situation but I've been told my son is the one who has control of the custodial issue after reaching the age of majority. He's the one who lets me off the hook as custodian(if only I can get him to the brokerage) on both his taxable and his Roth accounts. Your MIL may not have the control she thinks she has.
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