“Before our divorce, my former mother-in-law entrusted him with $20,000 for each of our daughters to invest on their behalf.”
My abusive ex-husband promised $20,000 for our kids’ education. Now he refuses to pay. Is he legally obligated?
In short
The dispute originated before the couple dissolved their marriage, when the man's mother entrusted him with $20,000 for each of their daughters. She directed him to invest the money specifically on behalf of the children. Following their divorce, the father refused to hand over the $20,000 intended for their schooling, leaving the mother questioning whether the family arrangement forms an enforceable legal obligation.
Key points
- The dispute centers on whether a family agreement to invest money creates a binding legal…: The dispute centers on whether a family agreement to invest money creates a binding legal obligation.
- A mother is seeking to determine if an abusive ex-partner must fulfill prior commitments…: A mother is seeking to determine if an abusive ex-partner must fulfill prior commitments to fund schooling.
- Entrusted family funds for children are at risk after a parent fails to follow original i…: Entrusted family funds for children are at risk after a parent fails to follow original investment instructions.