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re: Neurologist said he is considering filing with a judge to remove my FIL from his finances

Posted on 7/29/23 at 7:09 am to
Posted by Hoops
LA
Member since Jan 2013
6556 posts
Posted on 7/29/23 at 7:09 am to
I see families ignore this all the time and it never has a happy ending. This disease will progress until he dies eventually. There’s no cure or reversal so the family needs to get their head out of the sand and deal with it. Take keys, ammo, access to money or anything else that could be exploited.
Posted by Penrod
Member since Jan 2011
39574 posts
Posted on 7/29/23 at 7:12 am to
quote:

OP's wife didn't hear it that way, then jibber jabberd to OP, which he rejabbered here.
Posted by LSU0358
Member since Jan 2005
7919 posts
Posted on 7/29/23 at 7:19 am to
quote:

but you need to open a checking account for him & CLOSE ALL OF THE ACCOUNTS THAT HE IS AN OWNER OR SIGNOR. If you can’t close the accounts (direct deposits, etc) at least move the money to the new account as soon as it hits the current account.


I've seen this work with someone who was in slow decline. Have a separate checking account they can still draw from, but keep the amounts low and don't have it tied to any investing accounts, CD's, etc. If the account gets drained its not financial ruin.

It's basically a set up like you'd do for a preteen or teenager.
Posted by Adajax
Member since Nov 2015
6135 posts
Posted on 7/29/23 at 7:26 am to
Maybe your wife misunderstood what the doctor was saying.
Posted by Gulf Coast Tiger
Ms Gulf Coast
Member since Jan 2004
18678 posts
Posted on 7/29/23 at 7:37 am to
The doctor said he would testify to his decline to give her control
Posted by Free888
Member since Oct 2019
1630 posts
Posted on 7/29/23 at 7:41 am to
Is your MIL still alive? She obviously needs to be part of the conversation, and if healthy should be primary POA.

In the state where I live, the doctor can have the driver’s license pulled, not sure about intervening re finances. Depending on how bad he is, you may need a court order anyway. One last thing re the POA. Check with his financial institutions to see if one drawn up by a lawyer will suffice, or if you need to use their form as well. Some require it on their documentation.
Posted by MikeBRLA
Baton Rouge
Member since Jun 2005
16477 posts
Posted on 7/29/23 at 7:52 am to
quote:

Maybe your wife misunderstood what the doctor was saying.


This is a definite possibility. You are taking what your wife said as gospel when she is telling you her version of the story. Remember the telephone game in school?
Posted by Screaming Viking
Member since Jul 2013
4483 posts
Posted on 7/29/23 at 7:58 am to
quote:

quote: It was a warning that somebody has to take over the finances But is it a legal warning?


First of all, sorry for your situation. I have watched multiple family members go through this. It is toughest if there are kids that don’t understand what the old guy is going through.

I am not a lawyer, but I suspect that the doctor made this comment in a very blunt and straight forward way that your wife is not used to. That is all. In no way was he threatening legal action.

If the old timer is losing it, someone needs to step up and take all of the precautions mentioned: remove car keys, firearms and/o ammo, prepare food for him because he cannot use the stove, etc. be prepared for a fight. He will lash out at whomever is “taking” things from him. Just remember, mentally, he is a child. I have had these conversations, and they suck.

This truly becomes a family emergency because it will take multiple people to take on all of these responsibilities. Unless you have the money for full time care.
Posted by Big4SALTbro
Member since Jun 2019
14933 posts
Posted on 7/29/23 at 8:10 am to
Sounds like you need to meet that neurologist at a sonic baw.

I would have had some words at him making a threat like that and basically calling you and your wife incompetent.

Posted by lgtiger
LA
Member since May 2005
1141 posts
Posted on 7/29/23 at 8:12 am to
Get POA started. Put his assets into a trust to protect him.
Posted by Bullfrog
Institutionalized but Unevaluated
Member since Jul 2010
56365 posts
Posted on 7/29/23 at 8:31 am to
You need to get him over to the Baton Rouge Council on Aging ASAP.

They have people there who know just what to do.
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
63168 posts
Posted on 7/29/23 at 8:34 am to
Your wife and/or her siblings needs to submit a power of attorney now. Right now. I'm sorry you all are going through this.
Posted by deltaland
Member since Mar 2011
90797 posts
Posted on 7/29/23 at 8:35 am to
quote:

The doctor brought up taking my FIL’s keys and his ability to do his own finances. He told my wife as an aside that if they aren’t able to make necessary changes ASAP, he would bring it to a judge. Has anyone experienced something like this before?


Trust me, you need to do it. My great grandfather had Alzheimer’s and was a multimillionaire and people knew it and would tell him he owed them 50k when he really didn’t and he would write them a check.

People are shitty.
Posted by deltaland
Member since Mar 2011
90797 posts
Posted on 7/29/23 at 8:37 am to
Alzheimer’s is such a terrible disease

G grandfather had it. Grandmother (his daughter) had it.

Hope it skips me and my dad. I’d rather someone shoot me than go through that
Posted by Murray
Member since Aug 2008
14422 posts
Posted on 7/29/23 at 9:06 am to
quote:

Put it in his butt


I haven’t seen a great first response in awhile. The clock has now restarted.
Posted by fjlee90
Baton Rouge
Member since Nov 2016
7850 posts
Posted on 7/29/23 at 9:08 am to
Had to do it with my grandmother. Get a POA notarized. Name a second that you trust. Ensure there is an accurate will signed, dated, and notarized prior to the POA.
Posted by The Torch
DFW The Dub
Member since Aug 2014
19383 posts
Posted on 7/29/23 at 9:22 am to
Time to knock this old turd in the head
Posted by LAwolf
Member since Oct 2020
103 posts
Posted on 7/29/23 at 9:24 am to
Y’all need to watch his finances like a hawk. Get a handle on all of his accounts. I’ve dealt with substantial amounts of fraud targeting elderly people and fraudsters will attempt to empty him out. Talk to the people where he banks etc.

If he gets a caretaker or anything be sure to also remove all of his personal checks and valuables from the house. Due proper due diligence on each caretaker.
This post was edited on 7/29/23 at 9:26 am
Posted by Keys Open Doors
In hiding with Tupac & XXXTentacion
Member since Dec 2008
31926 posts
Posted on 7/29/23 at 9:31 am to
My father filed and got PoA over his mom’s finances, all while living in a foreign country.

The good news is that my grandmother fully trusted my father (who obviously did nothing at all to violate the trust) and wasn’t a target for any fraudsters.

He left a 4 figure account with her niece having PoA, just for some security. On top of that, there was maybe 2K in cash, split amongst a safe where her niece knew the code and several hundred in cash on hand in case of an emergency.

I told my dad to just accept that a few hundred bucks would be lost, and that cash was misplaced dozens of times by my grandmother. Shockingly it was fully intact upon her passing, though clearly not where anyone thought it was supposed to be.

Alzheimer’s is a cruel, cruel disease.

And my grandmother’s case was milder than most, relatively short lived (2-2.5 years) with an onset at age 90 or so, my grandmother was surrounded by trustworthy people, had no financial issues, and she was pretty passive, without any volatile temper.
Posted by baxter12
BATON ROUGE
Member since Nov 2012
399 posts
Posted on 7/29/23 at 9:33 am to
While I don’t have close family members who have dealt with this terrible disease. I have a neighbor who has it. Very difficult to watch some days .

I can’t imagine the day in and day out. My dad is getting older and is health is deteriorating still very functional but working thru alot of medical issues trying to figure out how to continue to give him a good quality of life.
We sat and talked and to make things as simple as possible him and my mom gave me durable power of attorney effective immediately.

Granted they don’t have a huge estate simole people but knowing all the back in stuff is line out when the time comes does give you piece of mind
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