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My Brother Transferred My Inheritance to Himself

You may find yourself in a situation where your brother transferred your inheritance to himself. This can be an inheritance that you were expecting from your mother or father, grandmother or grandfather, uncle, aunt or cousin. If your brother transferred your inheritance to himself, your brother’s liability to defend that transfer will depend on his relationship with the person whose money he transferred, your relationship with that person, and the kind of transfer it was.

Contesting your brother’s transfer of someone else’s money to himself will require more information in determining the liabilities of the affected persons.

For example, if your brother transferred someone else’s money to himself because he had the authority as POA, this transfer can be considered self-dealing. He can be liable, not only for the amount of the transfer, but for punitive damages as well, due to the breach of his fiduciary duty.

If your brother transferred someone else’s money to himself as a joint account holder, you can contest the transfer on the ground that the joint account was not of survivorship but of convenience. Thus, that amount should have not been transferred to your brother as a joint owner but to the estate of the original account holder.

Lastly, transferring someone else’s money to himself without any authority or under no framework of agency or joint tenancy can be considered larceny, embezzlement, misappropriation, or robbery, depending on how the taking of someone else’s money was committed.

Many issues can arise out of a simple transfer of money. Disputes may arise especially when money is involved. Should you need assistance in contesting a money or property transfer to your brother, we at the Law Offices of Albert Goodwin are here for you. We have offices in New York, NY, Brooklyn, NY, and Queens, NY. You can call us at 718-509-9774 or send us an email at attorneyalbertgoodwin@gmail.com.