I was wondering if anyone knows if a POA can go behind mine and my grandmother's back trying to move money and restrict her access?

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I was wondering if anyone knows if a POA can go behind mine and my grandmother's back trying to move money and restrict her access?

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My Nana is 92 years young. As of May 19, 2020. She is still very much with it. I have been her full time care giver. For the past 7 years. With little to know help! She has 6 daughters, 30+grandchildren, around 10 great grandchildren. Needless to say they are NO HELP!!! Worse part is my mother the POA, and aunt live directly across the street and do not do anything but cause problems!!! Nana’s lucky to see them in person 10 minutes a week. In that always put nana in a terrible mood. She turned 92 on May 19, 2020. My mom and aunt came bye for there 10 minutes of fame. Which puts my Nana in a dark place. The Only calls, and visits she got. We’re from my 19 , and 11 year old daughter.

Myself , and my Nana have some financial accounts together. In yesterday I found out a few have been closed, or the money has been withdrawn. Without mine or my grandmother’s permission. We are the only 2 on these accounts and have the authority to close, or with draw the money.

So my question is? Can a POA take it upon themselves to go close accounts, or withdraw funds, on accounts they are not on , or authorized users????

Im in the state of Maryland!

THANK YOUIN ADVANCE

Family Caregiver Financial POA Power of Attorney (POA)

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POA is an authority that your Nana granted to assist her, the POA does not have the authority to overrule her in anything unless she has been proven to be mentally incompetent. Take her to the bank with you so she can demand an accounting of her money, the POA has a fiduciary duty to use those funds only as directed or in her best interests.

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No, unless the POA is immediate but most are springing meaning Grandma has to be incompetent to handle her finances. If your name was on the accts, surprised the bank didn't need your permission to move the money.

If grandma is with it, she can revolk the POA and reassign it to you. As her Caregiver you should have it.

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Yes, they can.

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Yes, if you have power of attorney for financial, and dependent on how the document is written, you have the power to pay bills and close and move accounts. You are also responsible to keep records. You are acting FOR the person who designated you as POA. So whomever is currently POA then your Nana put them in charge and asked that they do this task, and signed legal papers to create their power. If your Nana is legally competent she can, if she wishes to, appoint YOU as her power of attorney. You should then write the POA currently serving and tell that person that you are the newly designated POA. You would do well to see an elder law attorney with your Nana to create documents; he or she will speak with your Nana to understand if she is legally competent and understands what she is doing.

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No. Accounts are joint accounts with OP.

OP, call the banks to file a complaint. Call Adult Protective Services. Could be a felony crime. Call the district attorney.

Maybe grandma was taken to the bank to sign something?

I was wondering if anyone knows if a POA can go behind mine and my grandmother's back trying to move money and restrict her access?

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