questions & answers

Question: My husband has alheimers & dementia, and although we have lived separately I am concerned that our daughter is taking money from him without him remembering. He just had 3 stints put in his heart, and I am concerned that her financial abuse will deplete our cash reserve so that I cannot afford to take care of his needs. What can I do to get guardianship of him?

Answer:

A power of attorney is a written document in which someone who owns property (which includes land, investments, personal property, etc.) gives an agent (also known as the attorney in fact) the legal authority to deal with the owner’s property. This authority generally includes the right to make financial decisions for the property owner (also called the principal) as well as other types of decisions that affect the principal.

Please see the article "Staying in Charge of Your Future".