Rainbow
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Where salt is in the air and sand is at my feet...
Posts: 4,103 
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Post by Rainbow on Jan 24, 2017 14:15:29 GMT
I know of a situation where inheritance money is going to be stolen from the beneficiary. This is not a guess, the person told me they were going to do it. What would you do? It was being held in an account and the beneficiary just turned 18 and doesn't know the money will be stolen. I'm not sure what to do. I feel bad for the beneficiary because the other person is not good with money and is going to just blow it all.
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luckyexwife
Pearl Clutcher
Posts: 3,067
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Post by luckyexwife on Jan 24, 2017 14:52:39 GMT
I would definitely say something. Depending on who the people involved are, I would either tell the beneficiary, or the beneficiaries parent or grandparent or other responsible adults for the beneficiary, or the trust attorney in charge of the trust. Without knowing the relationship of all the people involved, it's hard to say who I would tell, but if I knew about it I would definitely say something to someone.
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tincin
Drama Llama
Posts: 5,368
Jul 25, 2014 4:55:32 GMT
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Post by tincin on Jan 24, 2017 14:56:04 GMT
I'd tell. Stealing is wrong but without proof, it may get ugly.
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Post by lucillebluth on Jan 24, 2017 14:57:53 GMT
I can't believe this is even a question. You're thinking of letting someone you know steal money from an eighteen-year-old? Why? Why would you let that happen?
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Post by lemondrop on Jan 24, 2017 14:59:21 GMT
I would definitely say something. Depending on who the people involved are, I would either tell the beneficiary, or the beneficiaries parent or grandparent or other responsible adults for the beneficiary, or the trust attorney in charge of the trust. Without knowing the relationship of all the people involved, it's hard to say who I would tell, but if I knew about it I would definitely say something to someone.  |
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julieb
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Post by julieb on Jan 24, 2017 15:02:09 GMT
I can't believe this is even a question. You're thinking of letting someone you know steal money from an eighteen-year-old? Why? Why would you let that happen? No way would I let that happen. If you know, you are guilty also IMO. |
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Deleted
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Jun 2, 2024 10:46:04 GMT
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Post by Deleted on Jan 24, 2017 15:11:59 GMT
Is it a parent?
I'd need to know a lot more about the situation, but I would consider telling the 18 year old, and helping them get the money safe from the thief.
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freebird
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Post by freebird on Jan 24, 2017 15:17:19 GMT
I would tell, I'd also advise the 18 year old how to stop this from happening. I would also reevaluate my relationship with the thief. People tell you things like this because they think you're the type that would do the same thing and support their ideas. I would be super offended by that.
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Post by originalvanillabean on Jan 24, 2017 15:25:21 GMT
You know what to do.
What if this was going to happen to someone in your family and someone else knew?
Wouldn't you hope they would tell someone?
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Rainbow
Pearl Clutcher
Where salt is in the air and sand is at my feet...
Posts: 4,103
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Post by Rainbow on Jan 24, 2017 15:25:24 GMT
I would definitely say something. Depending on who the people involved are, I would either tell the beneficiary, or the beneficiaries parent or grandparent or other responsible adults for the beneficiary, or the trust attorney in charge of the trust. Without knowing the relationship of all the people involved, it's hard to say who I would tell, but if I knew about it I would definitely say something to someone. |
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Rainbow
Pearl Clutcher
Where salt is in the air and sand is at my feet...
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Post by Rainbow on Jan 24, 2017 15:26:13 GMT
I'd tell. Stealing is wrong but without proof, it may get ugly. |
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Rainbow
Pearl Clutcher
Where salt is in the air and sand is at my feet...
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Post by Rainbow on Jan 24, 2017 15:27:35 GMT
I can't believe this is even a question. You're thinking of letting someone you know steal money from an eighteen-year-old? Why? Why would you let that happen? |
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tincin
Drama Llama
Posts: 5,368
Jul 25, 2014 4:55:32 GMT
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Post by tincin on Jan 24, 2017 15:30:11 GMT
I can't believe this is even a question. You're thinking of letting someone you know steal money from an eighteen-year-old? Why? Why would you let that happen? If this is a trust for a lawsuit settlement, the child likely has an attorney that acts for them to protect them. You really do need to either contact this attorney or the police. |
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Rainbow
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Where salt is in the air and sand is at my feet...
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Post by Rainbow on Jan 24, 2017 15:31:31 GMT
Is it a parent? I'd need to know a lot more about the situation, but I would consider telling the 18 year old, and helping them get the money safe from the thief. |
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Rainbow
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Where salt is in the air and sand is at my feet...
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Post by Rainbow on Jan 24, 2017 15:38:19 GMT
I would tell, I'd also advise the 18 year old how to stop this from happening. I would also reevaluate my relationship with the thief. People tell you things like this because they think you're the type that would do the same thing and support their ideas. I would be super offended by that.  |
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Rainbow
Pearl Clutcher
Where salt is in the air and sand is at my feet...
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Post by Rainbow on Jan 24, 2017 15:39:32 GMT
You know what to do. What if this was going to happen to someone in your family and someone else knew? Wouldn't you hope they would tell someone? |
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Rainbow
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Where salt is in the air and sand is at my feet...
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Post by Rainbow on Jan 24, 2017 15:40:51 GMT
I don't have any control over it. If anything can be done it is going to have to be someone in an official capacity of some sort, I think. If this is a trust for a lawsuit settlement, the child likely has an attorney that acts for them to protect them. You really do need to either contact this attorney or the police. |
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momto4kiddos
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Jun 26, 2014 11:45:15 GMT
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Post by momto4kiddos on Jan 24, 2017 15:41:29 GMT
Any chance you know the lawyer of the estate? Was the set up of this fund recent enough that you'd know the lawyer?
With a parent involved i'd think it's a bit tricky. My guess is if the lawyer knew they could intervene. Otherwise not sure how much you can do.
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Rainbow
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Where salt is in the air and sand is at my feet...
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Post by Rainbow on Jan 24, 2017 15:43:56 GMT
Any chance you know the lawyer of the estate? Was the set up of this fund recent enough that you'd know the lawyer? With a parent involved i'd think it's a bit tricky. My guess is if the lawyer knew they could intervene. Otherwise not sure how much you can do. |
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Deleted
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Jun 2, 2024 10:46:04 GMT
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Post by Deleted on Jan 24, 2017 15:45:11 GMT
I'd be willing to lose a relationship to make sure he gets the inheritance. And it's sad to me that a mother would do that to her own son. That money could be his college funding, a house down payment, or his to blow how he sees fit.
The grandmother obviously cared enough about him to leave him money, the mother is despicable for wanting to steal that from him.
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Deleted
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Jun 2, 2024 10:46:04 GMT
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Post by Deleted on Jan 24, 2017 15:47:53 GMT
I'd be willing to lose a relationship to make sure he gets the inheritance. And it's sad to me that a mother would do that to her own son. That money could be his college funding, a house down payment, or his to blow how he sees fit. The grandmother obviously cared enough about him to leave him money, the mother is despicable for wanting to steal that from him. You wouldn't believe how often it happens. I work for a large personal injury firm and parents - ESPECIALLY mothers - do it frequently. I would advise that the child (adult child) go to the police and ask what to do. He is going to have to fight for it and react sooner rather than later. He should be able to find out who the attorney is. |
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momto4kiddos
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Jun 26, 2014 11:45:15 GMT
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Post by momto4kiddos on Jan 24, 2017 15:47:54 GMT
If this is a trust for a lawsuit settlement, the child likely has an attorney that acts for them to protect them. You really do need to either contact this attorney or the police. Seems like he is aware of what is going on? Is there an Aunt/Uncle who he can inform to get help in stopping her? They likely are aware of the setup and the lawyer. Sounds like it is invested and she's filled out the paperwork to get it released....maybe an adult involved can get it stopped. Not sure if the 18 yo could stop the processing of it himself? Lovely when your own parent rips you off. |
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Post by papercrafteradvocate on Jan 24, 2017 15:49:26 GMT
Tell the executor of the estate or courts if it is before the theft.
Police only if the theft has already happened.
Or get the 18 yr old an attorney--but will likely lose most of inheritance with legal fees.
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Post by bc2ca on Jan 24, 2017 15:49:38 GMT
I would tell, I'd also advise the 18 year old how to stop this from happening. I would also reevaluate my relationship with the thief. People tell you things like this because they think you're the type that would do the same thing and support their ideas. I would be super offended by that. So, the 18 year old knows about the money? What papers were sent? Were they signed by the 18 year old? |
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Kerri W
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Post by Kerri W on Jan 24, 2017 15:53:34 GMT
Is the 18 year old disabled or dependent on the mother/parents for activities of daily living?
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eleezybeth
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Jun 28, 2014 20:42:01 GMT
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Post by eleezybeth on Jan 24, 2017 15:55:24 GMT
Who is the executor of the will? Tell them. Tell the 18 year old.
My MIL did this to my DH with money and a car. He chose to let it go. She was the executor of the will and honestly thought she was doing no wrong. He was willing to sweep it under the rug as just her being her but it did hurt him.
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Rainbow
Pearl Clutcher
Where salt is in the air and sand is at my feet...
Posts: 4,103
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Post by Rainbow on Jan 24, 2017 16:54:05 GMT
I'd be willing to lose a relationship to make sure he gets the inheritance. And it's sad to me that a mother would do that to her own son. That money could be his college funding, a house down payment, or his to blow how he sees fit. The grandmother obviously cared enough about him to leave him money, the mother is despicable for wanting to steal that from him. |
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Rainbow
Pearl Clutcher
Where salt is in the air and sand is at my feet...
Posts: 4,103
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Post by Rainbow on Jan 24, 2017 16:56:30 GMT
It's an inheritance from his grandmother. Seems like he is aware of what is going on? Is there an Aunt/Uncle who he can inform to get help in stopping her? They likely are aware of the setup and the lawyer. Sounds like it is invested and she's filled out the paperwork to get it released....maybe an adult involved can get it stopped. Not sure if the 18 yo could stop the processing of it himself? Lovely when your own parent rips you off. |
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Rainbow
Pearl Clutcher
Where salt is in the air and sand is at my feet...
Posts: 4,103
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Post by Rainbow on Jan 24, 2017 17:02:06 GMT
The 18 year old doesn't know how to stop this. I know the parent well and we do have differences of opinions on things. She can tell me anything but knows I may not agree with it. One of the problems is that money is a major issue for her. She is terrible with it. When the papers were filled out she over-nighted them because she is so eager to get this money. She has just gotten three new credit cards and is charging them up and says that this inheritance will pay them off, and for major house repairs. The kid isn't going to see any of the money. So, the 18 year old knows about the money? What papers were sent? Were they signed by the 18 year old? |
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Peamac
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Post by Peamac on Jan 24, 2017 17:02:31 GMT
Did they make copies of the paperwork they sent in? There should be contact info there. If the check is written out to the 18 yo, then he has to be the one to sign it, I would think.
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