18 yr old son inheriting 80K
I have recently found out that my son's grandmother has left close to 80k in her insurance policy- ostensibly to me but 'for the benefit of... (my son). (this is my ex-husband's mother). My son turned 18 this feb , a month before my (ex) mother-in-law's death. Do I have any say in how or when this sum is distributed? My son is not very responsible- has in one month already gone through all his high school graduation $ and I can just imagine what he will do with this huge sum.
He is not very observant and prob would not know what or how much money that I have received for him but I want to do the legal right thing and know what my options are.
thanks in advance,
Carol