My ex-girlfriend needs help...

wrong hole

huh...
May 4, 2003
4,890
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25 malbury lane
....she's going through the King Lear syndrome....her father is going senile and her sisters are money hungry harpies that are bleeding the last drop of cash out of their father.

My ex-girlfriend can't help her father as much since she lives in NYC but she would like to know if there are any social workers or and financial planners that can help plan a strategy for her father's care before her sisters can cut the last pound of flesh.

thanks
 

Berlin

New member
Jan 31, 2003
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She better get her butt back here if she wants to solve anything. What she wants to do, set up a trust fund for her siblings ?

And how senile is her old man at present ?
 

wrong hole

huh...
May 4, 2003
4,890
0
0
25 malbury lane
She doesn't want her siblings to take anymore money from her father.....and she doesn't want any of the money

She wants to set up a system where her old man will be taken care of without her worrying about her sisters taking him to the poor house
 

i_am_good

Well-known member
Apr 1, 2002
1,150
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So much drama...

...who controls the money? Is there any money? What sort of pension does the father have? Is there a power of attorney or a will?
 

Goober Mcfly

Retired. -ish
Oct 26, 2001
10,123
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The only defence to a King Lear is a Hamlet and a couple of MacBeths. And then a Romeo and Juliet followed by a Taming of the Shrew.
 

wrong hole

huh...
May 4, 2003
4,890
0
0
25 malbury lane
Re: So much drama...

i_am_good said:
...who controls the money? Is there any money? What sort of pension does the father have? Is there a power of attorney or a will?

Her father has control of money(mid six figures I estimate)....but at the rate her sisters are taking the money(they've already spent a $1 mill of his money in the last 3 years)....he won't have anything left in a few years....and cat food does not taste good
 

Galahad

Discombobulated Member
Dec 28, 2003
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I would think your ex should consult a lawyer about trying to have the court appoint a trustee or setting up some sort of guardianship. Someone familiar with family law should be able to advise her.
 

antaeus

Active member
Sep 3, 2004
1,692
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Get thee to a lawyer. Brothers and I did this with alzheimers father. We also had document from doctor certifying fathers incapacity. What you need is:

1. Signing authority - banks honour your signature on fathers account, cheques, etc. Someone must legally have authority to pay for social services (i.e. appropriate home) from fathers account. This is signing authority at banks, not power of attorney.

2. Power of attorney - legal authority to manipulate accounts, investments to make monies available per item 1.

A person cannot assume this role, it is a legal status requiring a contract and / or lawyers' intervention. Doing above will also control sibs robbing your father by controlling or removing his authority to withdraw his own money.
 

MuffinMuncher

And very good at it
Oct 3, 2001
4,603
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Here
Escohort said:
Goober, you're making a McMockery of the whole thing!!!
Isnt that his job?
 
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