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Can your parents take your money at 16?

Can your parents take your money at 16?

It’s not illegal to take money from your kids in most cases, although, of course, there are exceptions, like if the child’s money is in a specific trust and you abuse the funds. Simply confiscating your child’s funds sends the message that it’s okay to take whatever you need.

Can You Sue Your parents for stealing money?

Yes. You may sue mother. If you are 18 years old you may use her. If you are a minor, you will need GAL to sue on your behalf.

Is stealing from your parents a crime?

Yes, theft is theft, and you can go to jail for stealing money from your parents. You also risk having a criminal record, which is bad for your social life.

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Do minors own anything?

Under California law, a minor may own real property. However, a minor may not convey or make contracts relating to real property. California Family Code section 6701, subdivision (b). Therefore, a minor cannot sell, borrow on, lease, rent or purchase property held directly in his or her own name.

Can your mom take away your money?

“First, it is not exactly illegal for your mother to take your money.” – actually it is. The parents ALSO are responsible for the living expenses of the child. They can take a “reasonable” amount from income, but they do not have free reign on the account.

Can a 16 year old open a bank account without parents?

Can a 16 Year Old Open a Bank Account Without Parents? Not exactly. You cannot open an account without parents or a legal guardian, though you can open a joint account with someone you trust who is the age of majority.

Can my mom legally take my money?

Technically, they can if your a minor or are still living with them. However, it would be a rather crappy thing to do to you because it is YOUR money.

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What to do if your teenager is stealing from you?

If your teen has stolen money or goods from you, some parents recommend calling the police and having a police officer mock arrest the teen. The officer may hand cuff your teen and place them in the back of the police car so they can explain what a felony charge is and how it can affect your teen’s future.