when one turns 18
When one turns 18, what happens to all of his possessions? Are they automatically his? What about something like a car that was given to them for their birthday, but is currently under their parents name?
1 Answer from Attorneys
Re: when one turns 18
Specifically referring to cars, as I understand it until the title is formally transferred and recorded with the state it remains in your parents' name. Other possessions may be a little more difficult to sort out. Anything given to you as a gift, or bought with your own $, is yours now and will be yours when you turn 18. If there's any kind of dispute (e.g., who owns the Xbox), it would get down to a he said - she said "swearing contest" about intentions.
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