My mom - who is now 88 years old - is very frail, has degenerative disc disease, depression, and in 2017 was diagnosed with the onset of dementia and Alzheimer’s.
My brother is the POA of mom’s money. He was also the agent on her health care until he renounced being her agent - so now I am.
About six months ago, my brother closed one of my mom’s accounts that had a lot of money in it and put it in his name only and wanted me to be the beneficiary of that money. I told him that I would not sign anything to make me the beneficiary of my mother's money. He told me that he found a way around it so that I didn’t have to sign any documents. I don’t believe that.
Then last week, he closed mom‘s savings account which had a lot of money in it and that is now in his name alone. The reason I know that these accounts were closed is because mom always made sure that my brother and I as well as mom we’re on all of her accounts - so the bank sends me the information that the account was closed.
I have now been looking to find mom a place in a memory care facility in Maryland that can take care of my mom and I pray that she will be happy there. My brother in no uncertain terms cussed at me saying that he would not pay a dime of the money if it goes over $6500 a month. Well nothing in Maryland worth putting my mom in goes for that. It also is important to me that mom goes into a facility where I feel that she will be the happiest. That it has enough room in her very small efficiency – with no kitchen – but with her things and will make her feel at home.
What I’m really worried about is that my brother has stolen this money from my mom and has put it in his account for him and his wife. My brother has sent me very mean emails all of which I have kept.
As he is stolen/taken all this money but rightfully belongs to mom and put it into accounts with just his name on it, how my supposed to be able to place mom in a assisted-living/memory care home? Another question I have is why is it OK that these accounts are only in his name? If he is the POA and is supposed to be acting in mom‘s best interests, then why can’t mom‘s name be on that money but if she tried to write a check against it, my brother would have to OK that.
My brother has totally turned against me – which I think a lot of is his wife. My brother has a lot of money, and lives in over $1 million home in Pennsylvania. I don’t understand why he doesn’t want mom in the last year‘s of her life to feel happy and secure.