Sunday, July 12, 2009

Sister spending inheritance. Mother still living. What should I do?

I suspect my older sister is spending my ill mothers money. My mom left all financial duties to my older sister (bills,banking, house payments, everything) and has no desire to see how or where her money is being spent. My father warned me to watch out for my sister after he passes because she has had serious financial trouble in the past. My father wanted everything split 1/2 and 1/2 but I have no knowledge of where the money is ,or how much. There are C.D.s and saving acounts etc. My mom cries when I try to talk about money and says she just can't deal with it right now. What can I do? She may need long term care...

Sister spending inheritance. Mother still living. What should I do?
Report her to the revenue. She'll then have to explain where all the money came from. She need never know who told them.





Ask yourself this question: Are you more scared or losing the love of your sister (if it exists) and family or of your Mum living her last days without the care she needs?





Action cures fear and it sounds like you need to be strong and act today.





One last point: if you can be sure in your heart that this isn't about you getting more money but it's about your Mum being treated with the respect that she and your Dad's memory deserve then you will withstand all attacks on your character that will no doubt arise.
Reply:I would suggest going to court and petition to have yourself appointed your mother's conservator.





Usually, to be appointed conservator, you need only show that your mother cannot physically take care of her own personal needs, and/or cannot manage her own finances. You don't necessarily need to prove that your sister is taking all of your mother's money, although if you can, it would be further evidence of your mother's inability to handle her finances, and inability to resist undue influence of others.





If your sister is already an authorized signer on your mother's accounts, then, other than having yourself appointed conservator, there is little you can do without your mother's and sister's cooperation.
Reply:Unless you rein your sister in, you may be the one paying for that long term care. You need to sit down with your sister and your mother. Your mother needs to hear this whether she wants to or not, and she is going to have to deal with it. Remind her of your father's wishes. Insist on a lawyer to at least make provisions for the money to be there for long term care. The rest of the money your sister will probably just blow through, so be prepared for that. This was very poor planning on your mother's part.
Reply:Get a will and probate lawyer , you need to have your sisters spending on these accounts and bill,s tracked, thus you need proof, then with just cause you maybe able to get a court hearing to rectify this wasteful and ill natured persons habits or activities.


I urge you not to waste time doing so, in a sense your sister could consume all the monies in a short time and possibly leave your poor mother homeless and broke.
Reply:get a lawyer - if mother is still alive, there is no inheritance - she's just stealing the money if she's not using it exclusively for your mother's bills
Reply:seek a lawyer
Reply:Run, don't walk, to a lawyer. You have to do it to honour your father's wishes and to ensure your mother is looked after. Don't worry about peace in the family - the only person who is concerned about peace in the family is you and you're being taken advantage of, just like your mother.





I bet your mother cries because of the disappointment she feels towards your sister. Down deep she's probably not happy and is frightened about her future.





Act now while there are still funds to first care for your mother and then maybe later help you get a leg up on life.





It's not pleasant, but you really don't have a choice. Your sister has forced this situation.


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