Reply to What is the right age to begin to talk to your parents about protecting their finances?

Forum Index » Eldercare

Reply to "What is the right age to begin to talk to your parents about protecting their finances?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]earlier than you think--and its important because they need this money to support themself!

my story:  My mother started showing signs of mild cognitive decline around 80, but it was hard to gauge--this happened over covid and we lived far apart so I wasnt seeing her.  once she was vaccinated, I visited and could see that she wasnt paying bills, getting confused. etc. started taking over finances, etc. Turns out that over the past year she was essentially scammed out of 200k by a charming scoundrel contractor who way way  overcharged, did unnecessary repairs/renovations, referred friends to do stuff that wasn't in the least necessary (she did, actually need to renovate her bathrooms but refused to!)....its been a nightmare to undo (they actually caused even more damage to plumbing, ripped out perfectly functional irrigation and put in a system that needed to be replaced 18 months later and costs thousands in water bills beause they hooked like 5 houses up to her meter, try getting LADWP to respond....). My mom didn't keep much in the way of receipts, or they didn't give her many, and she was hospitalized and I can't find the contractor's license, etc. The names dont match up to the checks she wrote and in some cases she signed disclosures, etc (although in california there is a law requiring a witness for people over 65, which she didn't have)...

. I could try to go after them, but I am so swamped with my own health issues, my family/kids and her care that the idea of spending a year or two and lawyer fees trying to recoup all this from across the country is just too much soo....it sucks though. She's in assisted living and will need memory care soon and that 200k could have really helped.

[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics