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Hello and thank you for contacting us. This is Dwayne B. and I’m an expert here and looking forward to assisting you today.
Before we get started on the question I just wanted to let you know that I severely injured my right arm a couple of week ago so some of my answers may be shorter than normal, but still complete, and there may be typos or other small issues. It also takes me a little longer to hunt-and-peck using just my left hand so please bear with me.
Is there a specific question with which I could assist?
Where is the company located?
Also, I am not familiar with the Unified Reform Act by that name. That is not unusual because often we use other titles for laws than what the general public does. Can you provide the citation to the law to which you are referring?
There are no additional charges on here than what has already been set forth. You can leave a bonus at the end but that is entirely optional and is not expected.
You may receive an email offering additional services, such as a phone call, for an additional amount but I do not take part in that program, I only work through this format. Even though there may be multiple questions back and forth the charge doesn't go up. If you ask a question that is not a followup but is instead an entirely new question for which there would be a separate charge I will let you know that and you can decide on how you want to proceed at that point.
It is an extra charge for telephone calls and I do not take part in that program. So if you made the request you would actually get a different expert for the phone call but I don't think a phone call will be necessary in this case.
Please give me just a moment to look over your link.
I am familiar with the UGMA. However, that act has changed in both language and requirements over the years. Do you know if the paperwork was filled out at the time the stock was given to you which sets forth the requirement of the UGMA? Many years ago (30+) most banks and other financial institutions would just make a notation on the account without actually going through all the requirements to have the custodian specifically designated as the custodian. In those cases it may take a court order to establish that you are the sole owner of the account. Whereas if all the paperwork was filled out to meet the requirements of the act as the act was worded at that time and that paperwork is available then a court order should not be necessary.
I suspect that the easiest way to get the matter resolved is to hire an attorney on an hourly or flat fee basis to obtain a copy of the UGMA as it existed at the time of the gift then provide a copy of the act plus the paperwork showing the requirements were met to whoever is holding the funds.
While you can do this yourself, it is going to be quite complicated for a layman.
Please be patient as sending additional comments will often cause the queue to move slower and in addition I am hampered in my response time due to the injury I mentioned. I will be online unless I specifically tell you I am leaving. Sometimes it takes a few minutes for the answers to post or for the communications to reach the experts.
None of the experts on Just Answer are allowed to do outside for customers of the website. This ensures that you receive a complete answer, or as complete as possible, and don't get an expert who is just trying to pickup outside clients by giving partial answers. I can tell you where to look for an attorney and that would be to go to www.lawyers.com and in the section for Area of Practice enter Civil Law and then enter your geographic area. That should give you a list of attorneys to chose from.
If your question has been answered then I'd offer my best wishes to you and ask that you please not forget to leave a 5 Star Positive Rating so I receive credit for my work. Of course, please feel free to ask any follow-up questions in this thread. I want to be sure all of your questions are answered.
Even after you issue your Positive Rating you can ask followup questions at any time in the future. Issuing a positive rating locks the question open and it will no longer time out so you can come back at any time.