My dad spent the money that my grandmother willed to me for college and a car. Is there anything I can do?

Question

My dad was on the account because I was under 21. He spent the money on himself.

Answer 1

If you have proof on your Grandmothers will that it was to be left to you, and you also have proof that your dad spent the money on himself, and is still/has been in posesion of the items purchased then yes, maybe go about seeking some advice on the laws and law system to do with this type of thing, make sure however that first you have the proof.

Good luck! :)

Answer 2

You no longer have an obligation to help him with his retirement. This saves you money in the long run.

Answer 3

find a good probate lawer

especially if the will clearly states that you should get a car and schooling, He is apparently going to have a tough time proving he provided these things. with luck he will even have to pay the lost interest on that squandered money.

Karma seems to be on your side here

Answer 4

I suppose if you are the intended beneficiary of your grandmother's will, then your father has committed a breach of trust as a trustee of your money. Could you prove that your father has spent it on himself because he may be able to turn around and claim that he has invested on something for your benefit in the future.

The car on the other hand, has it been sold off or given to someone else? The problem here is that if it was a private sale then you may have a problem getting it back because the purchaser may not know that it was your's under will which again goes back to whether your father has disclosed that information. If the purchaser bought it not knowing then he/she is a bona fide purchaser. If the car is sold to some second-hand car dealer then there is some chance that you might get it back but the chances are still very slim because by law you are not party to the contract of the sale of the car (father-purchaser). You may bring an action for theft if your father dishonestly appropriates the car belonging to you with the intention of permanently depriving you of the car. I think you might have a 50-50 chance suing your father for the losses than to actually recover the car, claim for the value of the car at the point of sale. (not the value he sold it at)

I think your father is not good to do this to his children, nobody should spend something that does not belonging to them, he was in a position of trust and he has breached that trust. Good luck