Legal Question in Family Law in Virginia
Accounts held in 2 names JT TEN
My husband recently deposited a check that was made payable to: my name & his name, JT TEN into a certificate of deposit held in only his name. The check was issued from a jointly held stock account. I did not endorse this check so my question is this legal or would he have had to forge my name? If he forged my name, what recourse do I have?
Thank you in advance for any advice.
1 Answer from Attorneys
Re: Accounts held in 2 names JT TEN
If the payment was made out in both names and he signed your name without your permission, he has comitted forgery and uttering and grand larceny. Each is a felony and carries up to 20 years in prison. The bank, unfortunately has its hands tied so they can't do anything about taking out your share. Whether you want to have him arrested and convicted, however, is an individual decision. Of course, in a divorce, you could get it back with sufficient proof.
Good luck.
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