My mom signed a POA with her husband in 2012 in New York. Her husband died in 12/17 and my brother was the successor. Does he automatically become the agent with no acknowledgment signed? The acknowledgement was then signed in November of 2020 after he had already stolen 2 million dollars from my mom. At this point, my brother was a resident of Florida, so the acknowledgement was signed in Florida. He has now stolen 8.4 million dollars. Any help on how and when an acknowledgement needs to be signed when the agent is deceased would be very helpful. The banks are using the POA to hide behind wiring all of this money from my mom's account to my brother’s account. Please help!
Also, I'm wondering how you know he's doing all this money transferring? Is your Mom telling you this? If so, I need to suggest that if your Mom has any cognitive issues she may not be telling you accurate information. Memory impairment and paranoia that sometimes comes with early dementia cause people to have delusions. I'm just suggesting that you make sure you can corroborate the information your are getting if it's only coming from her.
I wish you success in sorting through this stressful issue.
Stealing money is elder abuse.
Your brother has to be reported to the local District Attorney for theft.
You, of course, will REQUIRE PROOF.
If you prefer, have APS open a case to look into the theft of your parents assets.
It is difficult to imagine this not being done when the theft was in the single digit (albeit) millions.
I also am thinking, with this kind of money at stake, that you would surely have taken your proof to your own attorney. With this much money at stake an attorney would be ALL TOO WILLING to help you.