The Student Room Group

My dad stole my trust fund

My dad stole my trust fund when I was 18 I didn’t know about my trust fund till I was 18 now I’m 21 and he emptied out everything I had £7.3k is there anything I can do to get the funds back

Reply 1

Reply 2

I am presuming he is the trustee. If so, you can sue him for breach of trust. If he isn't the trustee, you would have to contact police on a fraud matter.

Reply 3

If its the government CTF it can only legally be paid to the child upon turning 18, tax reasons etc. Threat of reporting might get it handed over!

Reply 4

Original post by Trinculo
I am presuming he is the trustee. If so, you can sue him for breach of trust. If he isn't the trustee, you would have to contact police on a fraud matter.





OP, I suggest that you disregard well meaning but inaccurate advice given by non-lawyers.

Your remedy would be civil, regardless of whether the wrongdoer was the trustee of the fund. Contacting the police would be unlikely to assist.

The costs of litigating to recover the fund would be disproportionate. Contact Advocate for expert pro bono assistance.

SB (barrister)

Reply 5

Original post by Stiffy Byng
OP, I suggest that you disregard well meaning but inaccurate advice given by non-lawyers.
Your remedy would be civil, regardless of whether the wrongdoer was the trustee of the fund. Contacting the police would be unlikely to assist.
The costs of litigating to recover the fund would be disproportionate. Contact Advocate for expert pro bono assistance.
SB (barrister)

Out of interest, why can't the police help. Isn't it a crime if money has been stolen?

Reply 6

The police do not have the resources or the training to deal with misappropriation of trust funds and would take the view that "this is a civil matter".

Reply 7

How did he get his hands on it as it is in the name of the child. Your parents or other relatives must have paid in quite a bit as what Gordon Brown gave won’t have grown that much. Not that this justifies taking it fraudulently.

Unless you can reason with or coerce with the threat of legal advice its probably best to be philosophical and view it as payback for the expenses of raising you

Reply 8

Original post by Zarek
How did he get his hands on it as it is in the name of the child. Your parents or other relatives must have paid in quite a bit as what Gordon Brown gave won’t have grown that much. Not that this justifies taking it fraudulently.
Unless you can reason with or coerce with the threat of legal advice its probably best to be philosophical and view it as payback for the expenses of raising you

Out ot interest. Is there an expectation that children have to pay back parents for raising them?
Original post by Kutie Karen
Out ot interest. Is there an expectation that children have to pay back parents for raising them?

In most cultures, yes. It's just much rarer in modern, Western Europe. But many African, Middle Eastern, Indian, Far Eastern etc cultures have a very high expectation that children look after their parents. This is usually more 'in kind care', but that's a function of economics, the expectation still remains.

Reply 10

Original post by threeportdrift
In most cultures, yes. It's just much rarer in modern, Western Europe. But many African, Middle Eastern, Indian, Far Eastern etc cultures have a very high expectation that children look after their parents. This is usually more 'in kind care', but that's a function of economics, the expectation still remains.

Do you belong to one of those cultures you listed? Because as someone who comes from a country that considered as Asian, I can observe that most parents' main goal is to make their kid's life much more prosperous than theirs at the expense of their comfort.

Reply 11

Original post by Kutie Karen
Out ot interest. Is there an expectation that children have to pay back parents for raising them?

No, that would be absurd.

Reply 12

Original post by Kutie Karen
Out ot interest. Is there an expectation that children have to pay back parents for raising them?
Not in my book. Maybe by a parent that would purloin their child’s trust fund.

Reply 13

Original post by Stiffy Byng
No, that would be absurd.

Perhaps they don’t expect to get a “refund” but their child getting far in life is what most parents would like to see.

Reply 14

Original post by Zarek
Not in my book. Maybe by a parent that would purloin their child’s trust fund.

I got the impression from your reply that is what parents now have an expectation to get the cost of bringing up children up.

Reply 15

Original post by Kutie Karen
I got the impression from your reply that is what parents now have an expectation to get the cost of bringing up children up.

No not really. I was hoping to help OP put this theft in perspective. In reality the government only gave about ~£500. Personally I wouldn’t take my parents to court or call the police for that

Reply 16

Original post by Zarek
No not really. I was hoping to help OP put this theft in perspective. In reality the government only gave about ~£500. Personally I wouldn’t take my parents to court or call the police for that

Oh I see why you said that now. It makes sense rather than your acutal belief.

Reply 17

No child asks to be born, and no child has any obligation to his or her parents, although the natural ties of affection will encourage many children to care for their parents later in life. Family life should not be transactional. I look after my old Mum and my brother, but I do that for love, not because I feel obliged to do so.

Back onto the topic:

Obtaining remedies for breach of trust is an expensive business. The amount at stake would probably render litigation uneconomic. But the OP might obtain some pro bono help from Advocate (linked to above).

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