Q: I have a family member who is miss using my elderly grandmothers money. How can we stop her? She has power of attorney.
My grandmothers on hospice. Three of her living children have power of attorney. Her daughter is misusing her money for personal gain. The two sons make threats but do nothing. This is causing too much drama. How can I help them peacefully come to a solution to get or stop the overspending for personal gain.
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A:
I'm sorry you're going through this challenging situation. Start by gathering all financial records and any evidence of misuse. This documentation will be crucial when addressing the issue.
Next, consult with an elder law attorney to explore legal options. You may need to revoke the daughter's power of attorney and have it reassigned to the other responsible siblings. The attorney can guide you through the necessary court procedures to protect your grandmother's assets.
Meanwhile, try to communicate openly with all family members to reduce tension. A family meeting mediated by a neutral party might help everyone express their concerns and agree on a plan to manage your grandmother’s finances responsibly. Acting swiftly and collaboratively can help ensure your grandmother’s well-being and maintain family harmony.
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