how do I protect mom from greedy siblings?

[gaurdmom]

OKWhat is the name of your state?


I live in Oklahoma and have a question regarding care for my elderly, recently widowed mother. She had relyed on my father to make all financial decisions during his life and now she really has no concept of money or how to protect her assets. My sister and her husband are without regard for her financial or otherwise well being and have begged and borrowed a lot of money from them over the years. Now that she is without my father's guidance, I am very afraid that they will drain her of her assets and essentially leave her in poverty with the financial burden falling on me since I look out for her.

What types of legal protections can I employ to protect my mother from my sister and her own ignorance & apathy?

She is frustrated with the situation and speaks with me about how she doesn't like my sister & her husband asking for money, but always is persuaded or manipulated to give and then feels bad about it later. I say this to give you some frame of reference to her intent and desire to stop handing the funds over and willingess to let me help.

Thank you very much!

 

[Dandy Don]

Ask mother to give someone she trusts (you, or another family member, or the trust department of a bank) power of attorney to handle her financial transactions.

 

[gryndor]

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