“I am a 26 year old married doctor with a new baby. My family (aunts, uncles, grandparents, sister) are all having a falling out with my parents. I am included in this war and unfortunately the annuity that my aunt left for me when she died may be stuck in the middle. My mother (who sadly is an alcoholic) has kept her name on the annuity as the “Cust Fbo” (custodian for the benefit of). I now know that this was supposed to be signed over to me when I turned 18. However my parents hid the annuity from me and I would have never found out about it if one of my mother’s friends had not felt that it was wrong to keep it from me. The annuity was set aside for my education, yet I now have $132,000 in student loan debt. My mother will not willingly sign the annuity over to me and I need to know if I can legally pursue this and what would be done?”

If the annuity was really left in your name, with your mother only to act as the custodian until you turned eighteen, then that information will be memorialized somewhere in that document. In other words, the document which gives your mother the power will also spell out the limits on her power, namely turning the annuity over to you on your eighteenth birthday.

If you don’t have the documents, the best place to start would be with your deceased aunt’s attorney or bank, as they will be the ones most likely to be able to lead you to the institution with which the annuity resides. Or perhaps your mother’s friend has seen the document, and can provide you with that information. Once you have that information you can get copies of the documents and proceed as above. It may even be the case, depending on the wording of the document, that you can simply bypass your mother, present proof of age, and receive the annuity.

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