My dad is threatening to make rash decisions with his and my mom's money. I have Durable POA and could step in if need be.
My dad is 90. He keeps reading info on the internet and fears that he and my mom's money will be taken from them. So he's looking for a safe to keep all their money in the house. OR he's looking for switching all the money into Swiss money -- or gold. Aagh!!! He is a very brilliant man who has lost the ability to do everything that gave him purpose in life (fixing everything that needed fixing in the home, teaching, etc.). So this is his way of "being in control." All that this does is cause friction between my mom and dad, and I can't help him listen to reason.
He was tested for balance issues by his neurologist about 8 months ago (CAT scans, but not MRI) and was found to be clear of Alzheimer's. But I realize that can change at any time.
I feel like I'm having to be marriage counselor as well as caregiver to both of them. When is the point that I need to take financial decisions away from him?