They are investigating my sister putting my mom's social security and pension benefits into an account without my mother's name since this is my mother's income and not my sister's. They said it is illegal. Is this true? My sister also closed out my mother's $30,000.00 CD without her permission. Does anyone know if we can get all mom's money returned back to her? Does Protective Services really help the elderly people? The lady seemed to be on mom's side and I want to know if she can be swayed by my very vindictive sister and not get mom's money returned.
Good luck,
Carol
If your mom is considered incompetent, I believe you can set up a guardian and a separate trustee who could also be the payee representative. Put her money in a trust with the trustee being the one who writes the checks/pays the bills. There is probably a kind of trust for this situation which provides accountability and oversight.
Once Social Security has done the investigation my guess is that not only will the money have to be returned but your sister may also be prosecuted. Unless your mother is declared incompetent, the Social Security people will require that they talk to her directly.
If your mom is ok enough mentally, you may need to talk with her about who she allowed to be put on her accounts/CD's. If your sister is on these accounts this has to be changed also.
Did she have POA? ... Permission or not, what she did is outright immoral. I'd lock her a__ up and throw away the key. Stealing from your own mother?
Like I said, I'd lock her up together with that Quack. For the moment, the Lady you're talking about seems to be an ally that you can't trust. Believe what you feel and have a Plan B. ... Money can make people do strange things, so read everything thoroughly -- especially the fine print. Good luck.
-- ED
It took me ten years to finally disown this son. It is so hard to feel you, as parent, are being so abused by one of your own loved children. My heart goes out to your mom and to you. Keep on fighting your sister and do not let her get away with this. Piver
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