I'm nearing the end of my college, and since I had a full scholarship for the entirety of it, I pretty much earned it for myself. Just in case I couldn't though, my father and (mostly) grandfather invested money, or created an account, (I'm not sure of the details) in my name when I was a child that is valued now at nearly $160,000. Most people struggle to even pay off college debt, let alone save up that much money, and I truly feel that I'm in a good position to take that money and go out into the world to do with it what I need, to be the person I want. However last week, I got the impression my Dad's habit of living outside of his means and spending above his limit is finally starting to catch up with him, because now he's asking me to go sign something so he can use that money to help pay off my "expenses," though that alone sounds vague. If he's claiming me as a dependent, why should I need to give him back money that was intended for my future betterment, so he can avoid the consequences of living an exorbitant lifestyle now? I think he mentioned whatever I needed to sign would give him power of attorney, but that doesn't sound right?
EDIT - Money is currently invested in several index funds in my name, iirc
Submitted April 15, 2018 at 05:35PM by PokeCaptain729 https://ift.tt/2H2BKrv
