My brothers are conservator/guarantor of Mom's accounts. I believe that they put all of her bank accounts in her OR their name so they can just withdraw the money as they are "part owners" of the accounts. This would have been done after she was deemed incompetent. Is this an ok thing to do?
The $250 amount I am allowed to spend on a monthly basis is for her necessities. And I must keep receipts and file an annual statement of expenses and projected expenses for the next year. Every dime must be accounted for, unless she decides to go out and play the slots here (as entertainment) which she has not done in months now.
Were any restrictions placed on them for withdrawals? Do they have to annually report expenses and/or costs to anyone?
If your mother has been formally deemed incompetent, then legally she cannot operate her own bank accounts, nor enter into a contract for goods or services. So they have to do it for her.
Is there anything about how they are managing your mother's money that worries you?