Granny Edna Sue Pate Accused of Stealing Grandson's College Fund

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"I want to force the State of Indiana to get her. I'm prepared to do anything I have to. I'll camp on the governor's lawn. I'll ask him to give me an audience at the attorney general's office."

He wants to see Pate sent to jail. "Stealing your grandson's money? That's about as bad as you can get, short of physical assault." His son, he says, feels the same way: "He would like to see his grandmother in prison."

Had the account not been looted, he says, it today, with interest, would hold about $160,000. Under the terms of the trust, that whole amount would have gone to Christian when he turned 26, in the event he didn't use the funds for college.

Christian, says his father, was an indifferent student growing up and showed little interest in college. Ironically, he's now interested. "Only in the past six or eight months has he told me that he wants to go," says Smith. "I hope he does; but frankly, it's not in the cards. He'd be saddled with huge expenses."

The responsibility for that rests solely with Christian's grandmother, he says. "She made a decision with malice to deprive someone of their good fortune."

Estate experts recommend that trusts -- especially smaller ones that aren't managed by a trust company -- be set up to require two signitures to move any funds.

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