Legal Question in Wills and Trusts in California
The court appointed an atty ad litem to my two minor children to get the proceeds from my husbands life ins. The court required us to open a blocked account for each of my children, the account was titled in my childs name, a minor of atty's name. After a year my lawyer told me that she combined my childrens account to get a higher interest cd, i asked her for the copy of a new cd account and i found out that she transferred it to a different account that is not link to the original account we submitted to the court, the new account is in my lawyers name and she just put my childrens name as beneficiaries or POD, I told her that my children should be the primary owner of the account not a beneficiary but she insist that as long as it's in the same bank it's ok. My question is, Is my lawyer allowed to do that to my childrens money? If she is not, who do I need to contact? When my child turned 18 can she get her money right away if she is just a beneficiary of the account?
1 Answer from Attorneys
This has left me scratching my head. I can't imagine why the attorney would do that. Has she provided you with documentation of the change? Shouldn't the court be notified of that change? Something just doesn't sound right about what she's done. Have you consulted with the attorney ad litem?
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