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Asked in AL May 18, 2022 ,  0 answers Visitors: 2
Mom (76) has dementia. She is making bad financial decisions. She is not capable of taking care of her finances and my sister is taking advantage of this. Mom doesn't think that she has any problem being responsible for her finances. I have a legal Durable POA. How can I get her off of her accounts in a way that they stay in her name, but she cannot make decisions on how the monies are used? If I stop her debit card, she gets another one for herself. I got to save what is left of her monies in her accounts before my sister robs her of everything. I understand the Durable POA allows me to do things in her name/best interest, but how can I stop her from being able to make decisions without my approval?
Tag: 
Elder law
Data From  LAWGURU_Question
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4 Answers

Anonymous
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Posted on / Dec. 22, 2016 20:05:00

I totally agree with Mrs. Kelim. If the DPOA allows would a new account help at all keeping your sister away or would it possibly be agreeable with your Mom to have an account that requires two signatures? Otherwise a conservatorship is probably the only choice based on the criteria given by Mrs. Kelim.

Anonymous
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Posted on / Dec. 22, 2016 20:05:00

I totally agree with Mrs. Kelim. If the DPOA allows would a new account help at all keeping your sister away or would it possibly be agreeable with your Mom to have an account that requires two signatures? Otherwise a conservatorship is probably the only choice based on the criteria given by Mrs. Kelim.

Anonymous
Reply
Posted on / Dec. 22, 2016 20:05:00

I totally agree with Mrs. Kelim. If the DPOA allows would a new account help at all keeping your sister away or would it possibly be agreeable with your Mom to have an account that requires two signatures? Otherwise a conservatorship is probably the only choice based on the criteria given by Mrs. Kelim.

Anonymous
Reply
Posted on / Dec. 22, 2016 20:05:00

I totally agree with Mrs. Kelim. If the DPOA allows would a new account help at all keeping your sister away or would it possibly be agreeable with your Mom to have an account that requires two signatures? Otherwise a conservatorship is probably the only choice based on the criteria given by Mrs. Kelim.

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