Sister being sneaky!!

[One Of Eight]

What is the name of your state? New Jersey.

 

[pojo2]

You can get your own Atty and spend every thing there might be left to fight over it.

But how do we skip from Dad passing to you all wanting everything before Mom has even passed away? She may have many years left and need all funds for her own needs.

 

[Dandy Don]

You are right to be concerned, but stop stressing and just wait and discuss with the attorney to compare the old will with the newer will to find out exactly what changes were made and whether they were appropriate. Then come back and give us an update.

 

[One Of Eight]

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[One Of Eight]

Ok, +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
(

 

[Dandy Don]

Only options 1 and 2 make sense--her buying out the mother's share or the heirs share. Letting her stay there rent free for years is only going to delay the sale of the home and the heirs would have to wait for a long time until they got their money.

It is not a good idea to let her be POA unless you trust her to provide receipts and an accounting for any monies she takes out, to be spent on the relative's personal care and NOT on herself. Problem is that once she gets the POA she will be tempted to spend some of it on herself and only way to recover it is for the relatives to sue her for abuse of POA IF your state has such laws.

Who is handling the money now? The professional trust department of a bank could do it if brother is unable to serve as POA. Is there a way to compensate sister for the care she is giving? She sure went to a lot of trouble to try to get this POA!!

DANDY DON IN OKLAHOMA (tiekh@yahoo.com)

 

[One Of Eight]

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