Q: POA QUESTION. IS IT LEGAL. SEE INFO
My uncle with POA over my father moved my dad to nursing home and removed over 100k worth of equipment from my dads home and sold it. I am the sole beneficiary of the estate. We now have buy new equipment to take care of the property. POA told us that it was for his medical care. Money was never deposited into my dads account that POA used to pay for medical care. He just kept it all. Says he doesn’t have to provide anything to us on where it went. Re
total medical bill was around 20k. He passed pretty quickly. When he took equipment from house dads acct already had 140k. . POAs wife was made beneficiary of the account just before the POA was signed. They had cashed in approximately 55k worth of investment accounts and deposited in the account his wife closed the day after my dad passed. I was even required to pay the final medical bill. Is this legal. He was also trustee but turned it over to trust company within a week of dads passing. He tried to sell the house as well.
A: Fro your side of the story it does appear that your uncle misappropriated funds. The law does provide legal remedies for those aggrieved by such behavior. You will need to fire an attorney and most likely pay a hefty retainer. If your uncle is collectible and sufficient dollars gone missing are involved, it might be worth it. Look for a trust litigation attorney in your area.
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