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Hi,
I am wondering what can be done about obtaining control over my two children's building society accounts. The children in question are 4 and 2 years old.
The accounts were opened by my long term partner of 10 years and mother to the children. We have been separated 9 months.
After the ex opening these accounts with a nominal £20 deposit, I've paid in £100 per month, per child from my personal bank account. This is all corroborated by bank cash withdrawals from my current account and deposits for matching amounts on the same day into the children's accounts.
The ex is very bad with money, and has a loan, 2x maxed credit card, maxed catalogue account, £7k outstanding in car finance. I don't trust that she will not withdraw these funds to resolve her own financial issues. As we're still co-habiting and I have zero trust for her, all my valuables, numerous watches, children's building society books etc are all permanently stored in my car.
My plan was to withdraw all monies that I could account for and open two Junior ISA's to deposit into, to ensure the funds would be locked away until they're 18.. At the point of attempting withdrawal, I was told that I had no control over these accounts.
Is there anything that can be done? Or is it an open and closed case?
If there's no legal route that can be taken, I'm in a catch 22, in the sense that If I do ask her to sign a form to allow me control of the accounts, it will jog her memory that there is money there and she may then be inclined to refuse to allow me control and go draw the cash. I feel it may be better to just keep completely shtum.
As there's no online access to view account balance, the only other thing I can think of doing is to monitor the account, by simply neglecting to put away the £100 a monthly and instead hold it in my own savings temporarily, then just pay in a nominal £5 every couple of months, for the purpose of getting the savings book updated, to confirm that nothing has been withdrawn.
I am wondering what can be done about obtaining control over my two children's building society accounts. The children in question are 4 and 2 years old.
The accounts were opened by my long term partner of 10 years and mother to the children. We have been separated 9 months.
After the ex opening these accounts with a nominal £20 deposit, I've paid in £100 per month, per child from my personal bank account. This is all corroborated by bank cash withdrawals from my current account and deposits for matching amounts on the same day into the children's accounts.
The ex is very bad with money, and has a loan, 2x maxed credit card, maxed catalogue account, £7k outstanding in car finance. I don't trust that she will not withdraw these funds to resolve her own financial issues. As we're still co-habiting and I have zero trust for her, all my valuables, numerous watches, children's building society books etc are all permanently stored in my car.
My plan was to withdraw all monies that I could account for and open two Junior ISA's to deposit into, to ensure the funds would be locked away until they're 18.. At the point of attempting withdrawal, I was told that I had no control over these accounts.
Is there anything that can be done? Or is it an open and closed case?
If there's no legal route that can be taken, I'm in a catch 22, in the sense that If I do ask her to sign a form to allow me control of the accounts, it will jog her memory that there is money there and she may then be inclined to refuse to allow me control and go draw the cash. I feel it may be better to just keep completely shtum.
As there's no online access to view account balance, the only other thing I can think of doing is to monitor the account, by simply neglecting to put away the £100 a monthly and instead hold it in my own savings temporarily, then just pay in a nominal £5 every couple of months, for the purpose of getting the savings book updated, to confirm that nothing has been withdrawn.
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