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Old 12-18-2014, 08:55 PM   #41
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In response to BBQ-Nut (I'm with you on the meat, BTW)

The time spent now is paid back in multiples vs. dealing with the issues after a parent dies without that visibility. Not to mention the scummy scammers out there taking advantage of a lot of elderly folks who don't have kids watching out for them, such as these scumbags:

Tax Scams/Consumer Alerts

Keeping watch over our parents' finances is good for all involved (except the aforementioned scumbags).

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Old 12-19-2014, 02:05 AM   #42
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Join Date: Aug 2014
Location: Western Canada
Posts: 393
Maybe a difference in legal stuff between Canada and USA. When DM got a bit gone (and only a week before she died), I took the POA the doc/lawyer gave me to the bank. I wanted to pay her bills. The lawyer who drafted the POA told her that it was good enough that I could "take it all in cash and give it away on the street". Not so, the bank wanted me to prove it in a court.

I had a bit of a discussion with the bank manager until a person I knew (think teller) told him "he just wants to pay HER bills". Got better, I took bills from her mail box and paid them, one was for electricity for her neighbor across the street. The bank missed that one. So did I. She liked the couple so I never mentioned it to them. I realize I should have, but the beneficiaries would have laughed themselves silly.

I'm not crazy. Honest, the judge had me tested.
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Old 12-19-2014, 12:29 PM   #43
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It's not just US and Canada, many US states have different laws.

My sister had POA for DF, and a letter from his DR. stating he was incapable of managing his affairs due to severe dementia.

His attorney said all that made no difference(in that state), if dad showed 'a moment of clarity' he could change everything despite POA having been executed and DR's. letter. DF was very sick in his last year wanted to change everything he and mom had agreed to 50 years prior. In the end nothing ever got changed as he was too sick to remember what he wanted to do different.

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