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Originally Posted by BirdDancer
My sister and I saw our dad yesterday. He was better than the last time we saw him, but still quite unwell. We're unsure how much he'll really recover.
Apparently my siblings got my dad to agree to let them look at his mail. We went yesterday and paid his property taxes. My sister has some level of power of attorney to do so with his checks. I told my sister that I was greatly surprised to find hundreds of thousands of dollars missing from his account. He should not have had to use any of that given the stock market, his pension, and Social Security. He hasn't had a mortgage in decades and his taxes are quite low due to a farm assessment. His cars are old and the recent one is leased. We need to know where the money went. I am certain he is being exploited financially. We hear stories of people showing up at his doorstep for money. People normally not even associated with him. We feel a couple/few people have drained him of large amounts. He calls these people "friends". We may want to take more control soon. My sister will retire at the end of January. She might take this responsibility, maybe even sooner. At least my siblings and I trust each other completely. It would be even harder if that was not true.
My dad once said that when my mom was alive they discussed putting money into a trust for my siblings and me, and that Dad would receive the income on investments plus his pension and SS, but they didn't in the end. So my dad had full control. Look what's happened! Almost 50% of the original is gone. I believe mental illness has played a part in this.
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Oh goodness
I’m sure he was an easy target sadly enough. I’m so glad your able to do something about it. It’s good your sister can help sort out the mess. Is he still in ICU ?
How are YOU Holding up ?!