Stolen Inheritance through legal loop hole

Mnd

My wife says we have executioners on our wills, perhaps she has a point........:eek:

Slinky

Has the card the father has been cancelled and his right to access the account stopped? Otherwise it's payday again for him.

What a scummy thing to do.

badmemory

Whilst it isn't illegal, I think we all believe it should be, it certainly is immoral. But good for grandad, hope he's got his son's arm up his back for the rest whilst making a solicitor's appointment to change his will.

PeacefulWaters

badmemory wrote: »

Whilst it isn't illegal.

What makes you think it is legal?

TheBanker

I think there might be a bit of confusion between the operation of the bank account and the trust.

Was he entitled to withdraw the money from the bank account? Yes, I think so, as he is the authorised signatory and trustee, so nothing illegal about withdrawing the money. He could have been withdrawing for the benefit of the child(ren).

Was he entitled to use that money for his own benefit? This is unlikely. I think this is a straight forward case of Theft (dishonest appropriation of property belonging to another with the intention to permanently deprive the other of it).

Do not focus on the bank account but on the fact that the money has been stolen. I think the Police should be asked to investigate this as it appears on the face of it that a crime has occurred. Whether the police will be keen to commit resources to this is another matter.

I would suggest that rather than asking a friend in the police, you would be better to call 101 to report the crime, so there is an official record.