Stock Markets Exposed

How would you go about suing your parents if they lost YOUR money in the stock market/gambling?

What kind of lawsuit/lawyer would i need to talk to? It sounds strange suing your parents but they neglected to tell me about my grandmothers inheritance after she died, they put about $25,000 in the stock market and lost almost all of it. they are controlling, so its impossible to deal with them. I am not looking at the lawsuit as me against them... its just what i have to do plus i would rather collect the money from the court instead of deal with them. thank you. Ok, well... I will have to post this question after I get more info. This is what i know: My grandmother died when I was 16-17 years old. They lost the money right around the september 11th bombings so i was almost 20 years old then. so for over 3 years i was unaware of the money. In those days (and she still tries to - i have to tell her everytime she steals my property - business/legal papers etc.) she would 'get me' to sign all sorts of things i had no knowledge of what i was signing... that was then... ive long figured it out now. But i think i would have remembered signing something about a will or inheritance. I am almost certain that the money is MY name. my parents have used the same stock broker, a friend of theirs, for a long time so they probally put it all in their name with an asterif next to it or something. the stock broker has known me since i was 5 years old - being the bad parents they are they probally didnt even give it a thought as to what they were doing btw - the money was left to ME. i do not know anything about a certain age. i dont think there was an age on it. but at 18, that money is not my parents to invest and lose.

Public Comments

1. So many variables. Were you under the age of 18 when your grandmother passed away? Did she name you specifically (or use the term children of) in awarding you money? Were your parents the legal executors of the will? Generally, if you are a child, your parents have the right to use/invest the money as they see fit UNLESS the money is specifically outlined to go to you at a certain age. IF however you were not named specifically as a beneficiary you can't decide that you are entitled to anything simply because you are a grandchild. More info is needed to help you out.
2. whose name did they put the stock money in with? if it was your's you would have had to sign for it so not much you can do. if they took the money that was meant for you and put it in under their names, then you might have a case.
3. If they lost the money, it's gone for now. Your best bet is to wait for the market to rise back up. Let's hope it was invested in some good companies that are sure to come back with a good economy. Being young has it's advantages. You have the time to wait, while you get your education.
4. Assuming that at the time of the investment that either you were a minor and the money was in their custody, or that they were given power of attorney to invest or otherwise disburse the funds as they saw fit, you have no legal case against them. You have damages, but they didn't attempt to either defraud or harm you. Their investment was made in good faith and it failed along with the stock market itself. You can certainly talk to an attorney about this, but since your total losses were only $25,000. and since any lawyer working on contingency can only make a maximum of about $9,000. on this case, it won't be worth it for the attorney to sue. It will likely cost them more to sue your parents than they can win in a successful suit. Since an attorney won't charge you for the initial consultation however, go ask their opinion. Any litigator can either advise you on this or suggest someone who can.