Claire@OBNMK
Well-Known Member
My mum has power of attorney over my grandads health and finances.
He's moving into his care home on thurs or fri (he's got mildish dementia) and his pension will be used to pay for some of his care (apart from about £25 pw which is his for odds and sods), the rest of the shortfall will be met by the council.
His home is shared ownership (he owns about a quarter of it) the company own the rest.
When the company buy him out i take it the money will go into his bank.?
My question is I'm worried that my mum will "Borrow" some money from the sale of the house for what ever she might need.
I do love my mum but I don't trust her when it comes to grandads money from his estate. She's not the best with money, her past purchases have been lemons in the past and she's crap with money.
Can she just help herself if she wanted too to grandads money from the house sale? Grandad isn't aware of his finances anymore.
The way i see it its grandads money even if he's not going to really spend it and it's not for anyone else to lay claim. trouble is she thinks that she's "owed" because she's had to look after him since his health has gone downhill and she has always moaned that grandad has decided that his estate, after his death, is to be shared equally between my mum and the 4 siblings, she thinks she should get more than the kids. (I don't give two hoots though).
I don't want to bring up the subject as this will cause major arguememnts and bad feeling.
This is a bit of an awkward situation :irked:
But I'm just concentating on getting hime settled in his nursing home.
I hate it when the family members start going on about money & inheritence, it's so tastless and "vulture" like
He's moving into his care home on thurs or fri (he's got mildish dementia) and his pension will be used to pay for some of his care (apart from about £25 pw which is his for odds and sods), the rest of the shortfall will be met by the council.
His home is shared ownership (he owns about a quarter of it) the company own the rest.
When the company buy him out i take it the money will go into his bank.?
My question is I'm worried that my mum will "Borrow" some money from the sale of the house for what ever she might need.
I do love my mum but I don't trust her when it comes to grandads money from his estate. She's not the best with money, her past purchases have been lemons in the past and she's crap with money.
Can she just help herself if she wanted too to grandads money from the house sale? Grandad isn't aware of his finances anymore.
The way i see it its grandads money even if he's not going to really spend it and it's not for anyone else to lay claim. trouble is she thinks that she's "owed" because she's had to look after him since his health has gone downhill and she has always moaned that grandad has decided that his estate, after his death, is to be shared equally between my mum and the 4 siblings, she thinks she should get more than the kids. (I don't give two hoots though).
I don't want to bring up the subject as this will cause major arguememnts and bad feeling.
This is a bit of an awkward situation :irked:
But I'm just concentating on getting hime settled in his nursing home.
I hate it when the family members start going on about money & inheritence, it's so tastless and "vulture" like