ChatterBank3 mins ago
stealing daughters inheritance?
3 Answers
daughter is 15 and her dad died leaving her �10,000 which her mother (parents were divorced) has in an account and says she will give daughter �10 a week until shes 21. What can be done because the daughter thinks her mum is spending it?
Answers
Best Answer
No best answer has yet been selected by rosandjohn. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Unless the will allows her to do this, she is in breach of trust. Legally the money has to be held on trust for her until she is 18 since she cannot give a valid receipt for the money until she is 18 (unless mother has given a receipt for the money, in which case she still holds it on trust). At 18 is absolutely entitled to the capital and the acrued income thereon. In the meantime, her mother can advance money to her out of the income (or capital) if necessary for her maintenance, education and benefit (and these are interpreted strictly).
Unfortunately, the daughter is in a difficult situation. She would need to have someone act on her behalf as a litigation friend in order to challenge the mother and perhaps have an additional trustee appointed. Is there perhaps a relative of dad who would do this for her?
Unfortunately, the daughter is in a difficult situation. She would need to have someone act on her behalf as a litigation friend in order to challenge the mother and perhaps have an additional trustee appointed. Is there perhaps a relative of dad who would do this for her?
Related Questions
Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.