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Parents designated a small account ($4k) as POD to me, in 1999. They didn't tell me until recently when they made me their Dpoa & Executor. However the prior Dpoa & Executor knew about this account, didn't like it, and was apparently always telling my parents that was not fair. But my parents wouldn't budge and kept it for me. The parents lawyer is now claiming that at some point, one of the folks had said they wanted to change the POD. But my parents still did not budge. I am upset that lawyer sent an email describing the finances, to all the siblings, and also made a statement about this 25 year old account as if it would be "changing", since my parents have not changed it. Now since I am Dpoa and Executor, should I be afraid of sibs saying that account should not go to me?
The best situation would definitely be for this money be spent on parents!

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Thank you Cmagnum. The former POA (a sibling) has lived far far out of state, for a long time. They were so out of touch with parents its not even funny. This surpise account is just one of many really wierd things I have discovered. And its not like I'm trying to find tthings to be mad about. I have better things to do with my time, and for my parents. But I have started drafting my complaint to the State Bar, and hope for some illumination.
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To POD the account was your parent's choice and I would just let that go. Being a 25 year old POD left to you, I don't know what makes it look uncomfortable. It might get spent on their care anyhow. I'm glad that you are going to report that unethical behavior to the state bar and I'd find another lawyer for your family. He had no business discussing your parent's business with their former POA as well as the actions that he took. All wrong!
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Former POA was the one, apparently he had his own ideas of how he wanted things to be. Or maybe the lawyer suggested certain aspects. All I know is, I was not aware of this POD account, until after parents changed things oover to be me. I do just about everything, no, I do do everything anyhow. Yes I need to report to state bar. I don't want to tell parents what they sshould do with their account, as it is completely theirs, however for them to leave it to me, even after 25 yrs makes it look uncomfortable.
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The lawyer becoming too chummy with the former POA is unethical and should be reported to the state bar.
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Critical to know here who hired the lawyer and who instructed him to send out the information. If it was the parents, fine. If it was anyone else, not fine and you need to clarify things with the attorney.
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I'm trying to get them to spend on new wood flooring which they've always wanted. Lawyer had been too chummy with former POA and in some wierd spirit of cooperation was trying to get all the 5 kids together in plans for parents. Problem is 3 of kids could give a rats arse about folks. Its a big mess. At least I got the lawyer to quit "working" on something that didn't need doing. But I don't want to have loose ends which will strangle me later. So its got to be a wood floor, or something they've always wanted. Vacations aren't happening anymore unless I go along (and I can't afford).
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Why did your parents' lawyer send out that e-mail? Who is he working for, your parents or your sibs?

It does not matter how long the account has been POD!

Yes, the best solution would definitely be for the money to be spent on your parents' care.
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