My mom is in a memory care facility. My brother, who calls my mom about two times a year and visits once but lives 20 miles away, suddenly contacts my mom and wants to see her. In the years past, after my dad passed away he has "asked/begged/lied" to get my mom to loan him over $40,000 which has not been paid back and that was all her savings. He also ramped up the begging on property tax time. T'is the season again.
Upon his arrival to the facility he immediately asked the concierge where the closest bank was. The concierge, knowing the past history of his financially abusing my mom of $, avoided the question and he stated he would just look it up. He then took my mom to the bank and asked the banker to remove me as POA and put him on the account. He also suggested to my mom, then my mom expressed to the banker on his urging, to remove my contact information from the account all together. The banker then printed out all account statements and gave them to him!
There was an active alert on the account at the time to contact me if he were to accompany her into the bank and they failed to do so. I received an alert when the info was changed after they were on their way out of the bank.
So, now since he has all her account information and account numbers what are my options? He "forgot" to give my mom her account paperwork.
I called the bank immediately and spoke to the banker who dealt with them who said I don't have to worry unless he was good at making fake checks. I could also call the police if it made me sleep better. I was very shocked and got her name for her lovely demeanor. I think she realized she messed up and I will be making a complaint because of it.
Anyways, I went into my local branch and spoke to the banker and was told I would have to bring in my mom to change the account because she was the one who opened the account back 20 years ago.
So, as the POA I am confused. I spoke to a friend in Adult Protective Services and was given some advice but I was wondering if anyone else has run into similar issues in having to close and open a new account at the same bank for security reasons or if it will mess up the POA status. She is sole owner on one account but I am joint on the others but wouldn't POA cover all accounts?
I do not nor would I violate the trust in the POA status and everything is on paper on the bank statements. So I am not worried on what he would see there, but I am worried that it does have all the account numbers, contact info, etc.
He was removed as co-agent POA in 2014 because he was violating the POA status and taking financial advantage of my mom.
Thank you for any suggestions, ideas, or humor on this one :0)