My father takes his Social Security check and spends it gambling on the lottery. The bank said they can't limit his withdrawals. What can I do to protect his money?

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what do I do my father takes his social security ck and spends gamlbing on the lottery. Age 86

Bank said they can not limit his withdrawals. is there any thing i can do to protect his money for his living expenses

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psabatinoh, I see on your profile that your dad has dementia. That sheds an entirely different light on his behavoir and your challenge. This is probably the person who handed you an allowance, and tried to teach you the value of money. And now he can't figure out that he needs most of his social security check for his own care. Dementia is sad, sad, sad, for the patient and for the whole family.

I don't know how long you have been caring for Dad, or what legal documents you have in place. Perhaps this problem with the irresponsible use of money is a reminder call to deal with the broad picture. Who will make medical decisions for your dad if he is not able to comprehend the consequences of his own decisions? Who can speak for him in financial matters? Does he/is he likely to need to apply for Medicaid? Do you have sisters and brothers? What starts out as an informal caregiving arrangement may need to be more formalized for the long haul.

For the immediate problem, it sounds like elpee and Carol have experience with this very issue, and have some helpful advice.

Bless you for caring for your father. Putting things on a formal basis can be daunting, especially if there other family members. But once you get everything set up, you can move forward on a solid foundation.
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Go to the Social Security Administration and ask to be appointed his Representative Payee. It is a simple process that gives you the authority to makes sure his check is spent to benefit his health and well-being. I know --- I was the Representative Payee for my son about 10 years. He has had mental health issues that created a problem with him handling his money responsibly. Just recently he was deemed by his Dr to be capable of handling his own money and that's the only way someone with a Representative Payee can put an end to it.
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My mom was spending ALL of her monthly SS check on lottery tickets. She wasn't paying her rent & getting eviction notices, got dropped from her Part D mess for non payment AND pays hundreds monthly in bounced check fees. She agreed to apply to Social Security for me to be her Representative Payee. Now her check is deposited into a bank account that only I control. I pay all her bills and keep her on budget. It's more work, but I don't have to worry about her financial well being.
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My mom was spending ALL of her monthly SS check on lottery tickets. She wasn't paying her rent & getting eviction notices, got dropped from her Part D mess for non payment AND pays hundreds monthly in bounced check fees. She agreed to apply to Social Security for me to be her Representative Payee. Now her check is deposited into a bank account that only I control. I pay all her bills and keep her on budget. It's more work, but I don't have to worry about her financial well being.
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please take my questions off this web site. I have gotten enough answers.
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Are his his living expenses in jepordy due to his gambling?
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I'm one of the oldies--live alone-cook my meals-pay my bills- I'm on ss and wow !! I play the lottery, what else can we do. Oh ya, I even forget at times what I opened the fridge for. Another thing-I drive and even go to the casino once in a while. Do I win ?? Heck no, but I'm not gonna quit because someone don't like how I spend my ss.Unless I'm asking someone for help-it's my business and my money.
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Gosh that seems harsh, if all he is doing is playing the lottery. Unless there are other reasons to think that he may have something nurological going on. People play lottery in spells sometimes, they dream big,spend more than they should realize they arnt going to win,and go on to dream about other things. It may pass. And you may have a hard time convincing people he needs a poa because he buys lotto tickets. This is also a huge undertaking,its not easy taking cares of someones finaces along with your own. I would make sure it is really needed before I take on that responsibility. And if he is of sound mind, you may not want the animosity it might create in even trying. So I would think hard. Its hard enough on them when they start loosing there independence. Playing lottery might be his way of realiving stress. Just some things to think about:)((hugs))
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I would first get Durable and Medical POA. Then I would have him evaluated by his doctor to see if he is competent to handle his affairs in a business like manner. Then, I have that doctor sign a letter stating that and why which he will need to get notarized. Last, I'd take the durable POA and the letter to the bank and then take charge of his finances.
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You can do something either get POA on him and or have his account with a second person for any transactions, i had to do this with my Mother, then make the bank aware of this, they one time actually called me at my work to tell me she was trying to get money out. Hope and pray that this info will help, god bless you,

Bev
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