My father lost his wife in December. I went to Florida to help him, it was there when I learn more than I needed to know. I am not sure my Father understood what was going on. His house was in foreclosure. He had been going to different place to remortgage the house. Turned out he owed almost 3 times what it was worth. Also have to go see an IRS lawyer. Need to put him on a budget, How?
What did Dad do with the money he got from remortgaging his house multiple times? Does he have a problem with gambling, drugs, other expensive passtimes? Did he spend it on his late wife's medical bills? Knowing this may give you clues as to how to help him.
Do you have DPOA? Can you take charge of his finances? Is he going to be agreeable to this? Where do you live? Are there any plans for you two to be closer together geographically?
Provide a little more information about your situation. Perhaps someone will have dealt with a similar situation.
As for him being agreeable, NO WAY. But there comes a time in life when you have to do what has to be done.
He need to file bankruptcy and needs to get an IRS Lawyer, needs hearing aids and can not see that it cost money. So I feel that an allowance is in order, but how much? I am making sure all of his living expenses and any other necessary bills are paid. before they are due and he can not spend it. But now I need make sure lawyers are paid because of his doing and he does not spend the money on nothing. He likes to have money in his pocket and spend on nothing. How to do this.
He is lucky to have someone to take him in hand.
As to how much of an allowance he should get to spend on nothing, Won't that depend greatly on what he has left after the bankruptcy proceedings and tax issues are settled? Does he have assets? What is his income? When his necessities are paid for, how much will be left each month?
Do I let him have what is left over or put some it away for things he may need later?