They bought my parents house for mkt value and didn't discuss this with me...never even knew how much they paid for it! Sister n BIL are using that $ (they put into a joint family acct.) to renovate the house so that they can rent it out and eventually sell the house? Rental $ might (?) go back into my parent expenses....never told about this.
I have DPOA of mom...sister has DPOA for dad. I recently received letter from bank (mother n my acct CD) asking about rolling it over. I wasn't even aware that I had a joint acct with mom. Sister said she needed to access the act to find out about tax issues (?). She then took mom (98..dementia) to bank and had mom sign the $ over into the acct. (acct is in dad, mom, sister and me). I have limited access to cover groceries and misc necessities for parents. Sister pays all parents bills from it. My questions are:
shouldn't sister n her husband use their own $ to fix the house. When I asked her, her reply was "do you want to pay for them'? My sister n BIL have $ and are "fixing up their house at the Cape so that they can bring my parents to live with them. I have just a sm teachers pension and I don't have experience in dealing with elder law. My BIL has experience in handling his parents death and estates and is also a smart in math and "bully-ish"... I have no clue about any of the things legally that need to be done. I also need to have a will and figure out what I need to do for myself. I will be turning 66 on dec 31. I have a house that I and my oldest son own. He is living in and paying for it with his fiancé. I could not afford to live in the house with my pension. I moved into an apt in New Haven so I could be closer to my parents to help them out 24/7...and I can barely afford it. My life has been seriously compromised both physically and mentally. I really haven't been able to afford a lawyer, but I don't know what to do. I need help and direction in trying to survive this chapter of my life. I appreciate any info or help available.