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Reply to "Depressed Bipolar Parent w Financial Issues "
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[quote=Anonymous]Only caveat is if you live in PA or a state with filial duty laws. Then your dad going broke would directly impact you. If your dad can’t or won’t help himself, not much you can do short of declaring him incompetent and getting power of attorney. And it seems he is competent enough to torpedo those proceedings. I don’t know what the procedure is if he goes totally absent but if he is answering texts, etc., every couple weeks, that won’t fit the bill. If the primary house is in a trust in your names then contact the trust attorney to see what rights you may have. Probably none, but worth the ask. Maybe you can call the banks he is in mortgage to and offer to buy the places but that is dependent on your comfort/cash flow and the bank being willing to play ball. The houses may be in horrible condition. Good luck OP. [/quote]
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