When I was a child, my grandmother set aside money for my brother, my sister, and me for when we wanted to buy a home. When she got sick in the late 1990s, she signed over her name to my mother as custodian.
When I went to college in 1999 the loan officer told my parents to take my name off of the account when dealing with financial aid. When my sister went to college, the financial aid department told them the same thing. They removed all of our names from the account.
The account has since been sitting in my parents' name. I am now looking to close on a house. I had my $20,000 in that account, and my parents were giving my fiance and I the remaining money to cover 20%. The problem is that this $20,000 does not appear to be my money, since my name was no longer on the account. Is there anything I can do to justify this money besides our word?
You don't indicate what the problem is. If your parents are alive they should be able to gift the money to you. If they are not, hopefully it was left to you in their wills. Preferably a formal Trust will have been established, but that doesn't seem to be the case.
If you want to go to the bank to claim the funds, you won't have much luck because you are not an owner on that account and have no claim to the money. To dispute this, if there is a problem, you'll need a court to determine if you have ownership.
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You don't indicate what the problem is. If your parents are alive they should be able to gift the money to you. If they are not, hopefully it was left to you in their wills. Preferably a formal Trust will have been established, but that doesn't seem to be the case.