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"He is also co-owner of the house when his grandmother passed and receives half of the $100, leaving my dad with only $50 per month. "
Is this the same house, and if so and if I understand correctly, the son has made a probably less than fair market value rental arrangement by which he himself profits. If this the situation?
Sorry, but I just can't follow the issue on property taxes and insurance and the house on which the step-grandson became a co-owner. Are there 2 houses involved? Could you clarify?
As to the credit card debt, how did you find out and was this entire amount charged during the step grandson's reign? That's an incredible amount of debt - typically only extended to "individuals of high net worth" as the banks refer to them.
What's the step grandson's professional position? I'm wondering how he got that kind of credit line in the first place, or was he using your father's or grandmother's charge card? Equally as important, how much of this $90K was paid off?
I think there's definitely some inappropriate action in the house rental but there are details which I just don't understand, including the astronomical credit card debt and how so much credit could have been extended.
You do need to see an attorney, possibly a bankruptcy attorney as well as an elder law attorney. I think eventually a visit to the local law enforcement agency is in order as well.
In the meantime, you're going to need all the documentation you can get to provide to law enforcement authorities.
Whoops - I see this is an older post so the issue may already have been addressed.