I am the Successor Trustee and Beneficiary of my brother's Revokable Living Trust. He passed away on November 5th, 2018. His significant other passed away in June, 2018.
While going through my brother's house I found a couple of notes that stated "change successor trustee and beneficiary from me to his caregiver's name. He never did this and he did not sign the notes that were written.
While closing out his bank accounts, one bank informed me that my brother recently signed over his retirement 401K account to his caregiver and the account contained several thousands of dollars.
My brother was 80 years old and the caregiver, is in her 20's. She is well known by law enforcement for petty theft and for crack cocaine.
The local Sheriff department told me that this was fairly common and that they could not do anything about it. This was the Van Buren County, Michigan Sheriff Department.
His Trust mentions the Retirement Account going to myself as the beneficiary, but he signed this in 2012. I was told that this did not matter by the Sheriff and by the bank.
I used to be a caregiver for many years in Ohio and I was strictly prohibited from accepting gifts from ALL patients.
My brother was of sound mind but was suffering from loneliness. He had lost his long time Love of Life just a few months earlier.
I don't know if this could be considered as "elder abuse" or something else.
This SHOULD be against the law. A felony.