Legal Question in Family Law in California

Stock holdings after divorce

My cousin gave my ex-husband and I a gift of stock while we were married. We liquidated the stock when we divorced in 1996 and split the proceeds evenly. At our old address, my ex received a letter from the stock company, stating that there are securities to be claimed. I have the form and it is addressed to xxxxxxx and xxxxxxxx. Can I sign & process it without his signature? Can I keep the proceeds for myself, since they came from my family and my ex got his share when we divorced?


Asked on 8/14/00, 6:47 pm

1 Answer from Attorneys
Ken Koury Kenneth P. Koury, Esq.

Re: Stock holdings after divorce

No, it must be split with him. If you take it all and he finds out, the court can award the entire amount to him.

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Answered on 9/18/00, 3:57 am


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