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Reply to "Sibling rivalry and Power of attorney duties - anyone gone thru this?"
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[quote=Anonymous][quote=Anonymous]Grandpa died last year. Grandma moved in with daughter and son in law (my parents). Grandma has two other children - my aunt and my uncle. Mom and aunt have financial power of attorney because grandma has dementia. Both have the ability to act independently of each other. My aunt is having a hard time grieving the loss of her father and has become very difficult to deal with. Insists that she be included in every decision my mom makes regarding anything related to Grandma but does not show mom the same courtesy. My aunt is notoriously bad with money and has made questionable decisions related to Grandma's finances. For example, Grandma's house just sold (my aunt was the realtor's POC for the sale and addressed all actions/questions related to the sale). My aunt tried to have the proceeds deposited into an escrow account in her own bank (to which my mom and Grandma would not have access). When my mom and my uncle protested and requested that the money be deposited into Grandma's account she agreed but then acted independently and had the check sent to her. Luckily my mom was able to have the check stopped before my aunt was able to deposit it. Now my aunt has gotten access to Grandma's savings account and has put a number of stops and restrictions on it. I don't know what it means but my parents are talking about taking her to court to resolve this. Has anyone where gone thru this before? Looking for a little advice and support as we navigate this. My parents have not yet engaged an attorney. Does anyone know how hard it is to have a sibling's power of attorney revoked? [/quote] Honey, your aunt isn't "bad with money" (well maybe she is but that's not the issue here). She just wants to steal your grandma's money. I also doubt it has anything to do with her "grief" over your grandpa's passing. [/quote]
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