As Conservator, I have been asked to prepare a final accounting for one parent. Mom requested an appraisal on her many antiques and assets. Through this, we discovered they are worth much more than we heretofore realized. Her lawyer and Guardian don't want me to list them on the revised inventory, stating it will hurt dad's Medicaid elegibility. My sister covets inheriting all the antiques that mother want's "left in the family," (meaning giving them all to my sister who's already taken many, and wants everything). Mom has wages a Distortion Campaign against me, trying to discredit me, etc. It's an ugly mess.
My question is this: I think I need to disclose every asset (meaning the appraised value of their estate), regardless of how it affects dad's current Medicaid status. Otherwise, wouldn't that be considered "hiding assets," and committing fraud? I want to do what's right, even if it has personal costs, including the wrath of my family. (Nothing new there.) Unfortunately, everything is already in Probate, with me as dad's guardian and conservator. We need sound financial advice, or legal directives (Definitely not judgment by those who might not understand the whole situation.) Thank you.