Getting Myself Detached From Money That’s Isn’t Mine.
Location: California
My ex came into a lot of money when we were together. I made the mistake of allowing him to put said money into a bank account with only my name on it. We transferred it into an investment account, a high yield account and a ladder of CDs for the next 5 years. All under my name although he’s a secondary on the investment account. We have now been separated for 2 years. I was able to transfer the money from the high yield account to him but the investment account I need him to sign a form that would remove me from the account and he won’t sign it. He keeps saying he signs it but it doesn’t show that on Docusign. I also just want to sell the CDs early and give him the money but he said I can’t do that and I will owe him money for the loss of selling early. Technically the money is all in my name so sure I could do whatever I want but I am scared of him and don’t know what he would do. I also don’t want tax implications that come with the earnings off the money. My question is would hiring a lawyer be my best bet? I know that would cost me more money and I’m not trying to gain any money so does that make sense? I just dont want this person to have any access to me anymore. I know it’s a control tactic and I don’t know what to do at this point. Any advice is helpful!
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