Follow
Share

My mom got a call from my sister, saying she needs money and didnt say. She has already borrowed 4000 dollars and hasnt paid it back.
My mom has appointed me poa . I dont know what to do. She doent have a whole lot of money. She has saving which is forher funeral and hospital expenses when she gets sick. Anybody have any ideas. Pami

This question has been closed for answers. Ask a New Question.
Your gut feeling tells you something is wrong and your gut feeling is absolutely right. Sis has a problem. As for Mom, if she gives money away and then needs Medicaid to pay for a nursing home, they will penalize her for the money she gave away. That would leave Mom without a nursing home. So follow your gut and tell sis you can't because then mom won't get Medicaid when she needs it. You'll be telling the truth.
Helpful Answer (2)
Report

Thanks Pam. My mom and I are going tpo the bank and tell them she wants me as a POA and that my mom wants my signature below hers as a poa saying only she and I can get money out. My gut feeling was saying this is not right and my mom was real upset too. pami
Helpful Answer (1)
Report

Don't give it to her. Period.

Give her literature on credit counseling and/or substance abuse recovery, whichever is appropriate, instead.
Helpful Answer (0)
Report

thanks Ki! Pami
Helpful Answer (0)
Report

This question has been closed for answers. Ask a New Question.
Ask a Question
Subscribe to
Our Newsletter