Thursday, 19 February 2015

In 1996, my then husband and I purchased a prepaid college fund for our son. We divorced in June 2004, the balance on the account was paid i...

Question

In 1996, my then husband and I purchased a prepaid college fund for our son. We divorced in June 2004, the balance on the account was paid in full November 2004. My ex put his new wife as a purchaser on this account. My son is a senior this year and my ex is going to cash in the fund and keep the money not allowing our son to use for college. Do I have any legal recourse??



Answer

It depends upon how the account was titled. This issue should have been covered in the divorce decree.



No comments:

Post a Comment