I'm concerend my brother has POA, but not sure how to handle.
Dad (88) recently gave the oldest of 3 brothers POA. The rest of us just found out about it and are concerned with his choice. Our brother spends money like water, has filed bankruptcy in the past, has greedy children, and makes jokes about selling the house to himself for $1 (not around Dad). Our mother recently passed after a long illness and his biggest worry seemed to be that mom "dragging" this out means more hospital bills. Finally I just found out he has been sharing Dad's financial details with other people. Dad saved his money and lived frugally all his life. Dad is of sound mind and seems unconcerned when we brought this up to him. I'm thinking about bringing up to his financial advisor (who is also my advisor) but worry it will cause a rift. I don't care if Dad gives all his $ to charity I just want to make sure it goes where he decides.