My brother had POA until 11/2015 when I was appointed conservator. Can I send him a 1099?

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PamKeller Asked January 2016

My brother had POA until 11/2015 when I was appointed conservator. Can I send him a 1099?

He took $47,000.00 from her. Mom was diagnosed with mild dementia in July, 2013. My brother had her sign POA, but didn't tell her what she was signing. He recorded it with the county in Nov., 2014. He had Mom sign a cashier's check for $5k on 1/28/2014. Her doctor wrote a letter on 2/09/14 that she was no longer able to look after her finances. My brother cashed out 2 of her CD's for $42,000.00 on 2/28. What are my options with this? My mo has been living with me since March, 2014. I hired a lawyer and was appointed guardian and conservator on 11/04/2015.

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Hire a lawyer if you need to but have you TALKED to him? Does he have related expenses the money may have been used for her care? Housing, ALF, home health providers, insurance etc...he should have records of any/all payments that went out on her behalf for her care. How many years did he oversee her care, how was that paid for? Just a few questions to ask. It's nice you are caring for mom now, I hope it all goes well and now as her guardian make sure you keep receipts for everything. I hate to see a family argument/litigation at this time in mom's life.Talk first, litigate second. Good Luck.

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