Present from father expensive (4)
I believe the answer is:
here
'present' is the definition.
(both can mean in attendance)
'from father expensive' is the wordplay.
'from' indicates a hidden word.
'HERE' is hidden in the letters of 'father expensive'.
(Other definitions for here that I've seen before include "On this spot" , "In this place - present" , "Present; I say!" , "To hand" , "Present - at this point" .)