I have not posted in a while but the upshot is my elderly Dad has been ill and deteriorating for a few months now. It started with a case of sepsis and since then he has had multiple health problems surface. Just recently he had emergency surgery for an aortic aneurysm. My Mom is caring for him with lots of outside help from us siblings and visiting nurses/aides.
Dad is declining rapidly and I fear the worst. We are all doing what we can to keep his spirits up and make him comfortable. The problem is Dad thinks he is going to get back to his old life which was 7 days a week running a small business with my Mom. He is also making some very scary financial decisions. I talked about their financial decision in an old post it's a mess.
The bottom line, the business had been failing for a couple of years and by the time Dad got sick he had run up $50,000 in credit card bills. He thought the economy would improve and he would get caught up eventually. Now that he is in such ill health it's clear the business is done. It would have crashed soon anyway. The market my parents deal in is dying, no one wants what they sell. They have no savings or retirement (Dad is paranoid about the banking industry) they do however own enough property that if they sold, it would pay off their credit cards, back taxes and leave enough for them to supplement their social security so they can stay in their home and be comfortable. Instead my brother just found out that Dad activated another line of credit and borrowed $7,000 to purchase more "stock". They are already over loaded with merchandise that will not sell. My brother has been going in to help keep the books for their home and business and he was floored when he found out. He asked for a sibling meeting.
I don't know what to think. Dad seems to be getting more and more delusional and Mom would NEVER go against his wishes. If things keep going this way they are going to end up losing what they do have. What makes this even more difficult is that Mom seems to be expecting us to help out with money for daily needs. I am in no position to do that, we struggle as it is. My brother wants to talk about guardianship. I told him what you folks have said, it's an expensive, long drawn out process that might not even have a chance of success. Besides my Mom and Dad would fight it tooth and nail. One thing for sure, it would alienate my parents and cause irreparable damage to our relationships. I don't want that. Truth to tell, I would rather they loose it all than go through that.
I dread this meeting. My sister is beyond controlling. There is no discussion if she makes up her mind on something. My brother is desperate to fix this and I just don't know what to think.
Please, any thoughts at all would be helpful.