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simone56 Asked June 2014

Does my Dad have the right to know that my brother (his POA) is now managing his money not me?

As I have recently posted my brother is my father's POA. I live with my father and have been the one managing his accounts with my father's full knowledge. My Dad is in Rehab and as soon as he was out of the house my brother closed all of his accounts and he is the only one that has access. He also plans on selling his house. My father has asked me repeatly to see his bank statement which I no long have access to. I have told my Dad that they have not come in the mail yet. I do not like lying to him. He now suspects that I am not being honest with him and thinks maybe I am doing something "fishy" as he puts it. I finally told him that brother is now managing his money. He was not happy about it and called another brother to complain. Anyways, my family has threaten me not to tell my father what is going on. Does my father have the right to know the truth? Obviously, my father did not fully understand what a POA is and what they can do.

assandache7 Jun 2014
Also contact his Attorney..

assandache7 Jun 2014
I agree! Explain to your father he appointed your brother POA and if wants you to take care of his finances he needs to change the POA.

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littletonway Jun 2014
Without question, your Dad has every right to know about his finances. To me this borders on elder abuse. Why would brother/family want to keep info from him, unless there is something shady going on?

I don't know why your family is threatening you and that alone would raise a big red flag. Be honest with your Dad and contact a lawyer today!

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