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One sis has POA and the second in line to be POA sis is in BIG financial trouble due to terrible financial irresponsibility over the years (her house may be taken away from her within 30 days). It is all due to frivolous spending. She has spent $10,000 in one month on stuff even knowing her mortgage and property taxes were unpaid. The current POA has health issues-- the next time could be fatal-- and she is concerned about the next in line. She asked me if I would handle POA. We are trying to figure how to discuss with mom. Do we give mom all the gory details of irresponsible sis for her to consider making the change? Irresponsible sis has borrowed tons of money from many sources (banks and people (me included)) and it is all being discovered now. The few that know are shocked that it has grown to be so dire.

Would you feel okay with her as POA if you were in ours shoes? I feel POA should be a very responsible person and there are at least two others who would accept the role. Mom is competent, knows none of the above about sis, and is very financially responsible herself (good sum of money in the bank and she owns property in three states).

Thanks for your thoughts.

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I agree with enuf, Mom will probably tell you to spend her money and bail out the sister in dire straits. Let sleeping dogs lie for now.
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I agree with palmtrees. If someone is irresponsible and you can prove it with documents or obvious evidence, then you have to do this even if you make an enemy of your sister. Basically she should not be managing someone else's finances if she can't manage her own and what you're saying is that she's made a mess of things. The danger is that your mother will want to rescue her from the mess not realizing what it could lead to and she won't listen to you. If you can avail yourself of third party help (another objective relative, a pastor, one of her friends, someone reliable that she may "hear") that may help. A lot depends on her relationship with the messing-up-daughter. In our situation, mum wants to bail out my sister who has allowed an unpaid college loan to explode to $28K! It wasn't until I pointed out that this was equal to mum's annual income that she started to understand. But even so, my sister is "worming" her way into the wealth and I am not sure reason is going to win this one. But it's not my money, so presumably mum can spend it any way she likes. It's all pretty aggravating, overall.
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Sorry meant to say to present to your mother. Not good at this new iPad
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Talk to your mother immediately. Get hard facts to present to you and have your sister who is alternate there as well. Without some proof your mother may be offended and not take you seriously. She may think you are jealous, etc.

My mother gave my brother all POAs, put only him on her checking, made him executor of the will. There are no checks and balances. He has the tendency to bully me and when I approached mom with this she turned on me like you wouldn't believe. I was just a lowly piece of crap to mention such. So you know the old saying about not shooting the messenger. Good luck and tread softly
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