My husband has short term memory loss and his children have been manipulating him financially. I need to know if there is any legal recourse. He has not been diagnosed as incompetent or with dementia. But medical records show his short term memory loss. His daughter has POA but legally cannot act on it at this stage.
You cannot, unless someone is incompetent in management of their own finances, take over finances. So I would protect myself until that is clear, and then get conservatorship to protect him. Sorry you are going through this.
I would take him to a certified elder attorney (well versed in Medicaid law for your state) ASAP and see what can be done to protect both of your financial futures. I’m sorry you are in this situation. Don’t be passive about your future. What is not so difficult for you to manage now will be increasingly difficult as you both age. Sounds simple but it has a way of creeping up. Whatever needs to be done will never be easier to do than now.