Can someone put Stock in your name without permission?

Question

My Dad bought some stock and put it in my name with my SS number. Should I have recieved something in the mail by now?

Answer 1

When a dividend is paid, "You got mail".

Answer 2

Many people give stock as a gift to teach savings and investment , and when do people ask permission to give gifts ?
Never heard of that . . .

The brokerage , may or may not copy additional holders listed on the equity .

The stock would have no impact on you or your taxes until it is sold .
When it is sold , you might have a gain that would require Schedule D ,
But until then , it has no impact on your income status .
( Unless it generates dividends like ERF or PWE . . .
What stock did he buy for you ? )

AND , I am sure , you sent a thank-you note or called to give thanks for the gift .
Soooo , you could ask him these questions then . . .

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Answer 3

Not necessarily. He probably has it. You can buy stock for anyone because even if the stock loses it's entire value, it won't hurt you.