Mom (85) with memory loss. She is safe in senior living where they do the cooking, cleaning etc. She no longer drives. Things seem good where she is and she loves it there. Only the one brother takes all her social security checks from her checking and now is talking her into only 25 thousand from her investments. I have tried to talk to the bank since I am the POA and also listed as her agent on the acct. No luck! They say she is the client and it's her money to give as she wants. She lives in CA and I live in HI. All the other siblings have moved from CA too. Only the one who lives there in town takes her directly to the bank and gets withdrawals. She can't even remember doing it. Frustrating!
Once you have the letters if the POA is spring you can visit the financial instututions and close the old accounts and open new ones that your brother does not have access to.
I would suggest looking into the banks actions. They will understand logic. Ask for a copy of every document regarding your moms account you are able to see & make sure they are following the law at the federal & state level. Be sure to ask a manager for these things not some who-ever you get on the phone. Tell them you are going to file a complaint with the the FTC & any other government financial & banking oversight organizations you can find online. That should turn the tide.
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