Hi there
Im hoping someone maybe able to give me some advice here as im unsure what to do. My daughters grandfather left my daughter and his other grandchildren (2) his home. He did not leave it to his daughter (my daughter's mum) as he gave her a considerable amount of money 30k to help with home improvements when he was alive. These were completed but she moved out to be with a new partner about six months after the improvements were completed, to which he was very unhappy about as he thought she would be staying there. Hence I think he then decided to leave his house to his grandchildren.
After he died, his daughter turned his home into a holiday let which has been booked out every week since she started letting it a year ago. Im hoping that the money generated from this is going into some sort of trust fund for my daughter and the other grand children. My daughter's mother does not speak to me and I am concerned that the money could be going into her pocket and not my daughters. My daughter wants to go to university in a few years so is there anything i can do her to make sure / check that the money is being saved for her, or should i just stay out of it? I dont want my daughter losing out and on past experience her mum is not particularly nice so wouldnt put this past her. Im worried if i dont do something now then by the time she is 18 her mum may have spent the money and therefore more difficult to recover if she has done something like this.
Thank you in advance.
Im hoping someone maybe able to give me some advice here as im unsure what to do. My daughters grandfather left my daughter and his other grandchildren (2) his home. He did not leave it to his daughter (my daughter's mum) as he gave her a considerable amount of money 30k to help with home improvements when he was alive. These were completed but she moved out to be with a new partner about six months after the improvements were completed, to which he was very unhappy about as he thought she would be staying there. Hence I think he then decided to leave his house to his grandchildren.
After he died, his daughter turned his home into a holiday let which has been booked out every week since she started letting it a year ago. Im hoping that the money generated from this is going into some sort of trust fund for my daughter and the other grand children. My daughter's mother does not speak to me and I am concerned that the money could be going into her pocket and not my daughters. My daughter wants to go to university in a few years so is there anything i can do her to make sure / check that the money is being saved for her, or should i just stay out of it? I dont want my daughter losing out and on past experience her mum is not particularly nice so wouldnt put this past her. Im worried if i dont do something now then by the time she is 18 her mum may have spent the money and therefore more difficult to recover if she has done something like this.
Thank you in advance.
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