My mother has been diagnosed with Parkinsons Dementia. Until about 8 months ago, before her very minor surgery that immediately put her into moderate Dementia, she handled the house, finances, cooking, everything a "homemaker" does. Now she is spending money like it is going out of style. She is very tight on the utilities and wants to keep costs low, but buying things and just spending money on things that aren't necessary. She reasons to herself that she needs to do this and says she doesn't want anyone telling her how to spend her money. But she is just not making good decisions. She is living on Social Security so that doesn't give her a lot of extra money to spend monthly. My other 2 sisters do have POA over financial issues on her checking account. Can they take her checkbook and charge cards to protect her from herself? My father was diagnosed several years ago with dementia, so he really isn't involved in this decision, but he does get very upset everytime she goes out and tells her when she leaves "not to spend any money".
Can we take all financial handlings away from her? Close her charge accounts? Any info would be great. We do live in Ohio.