I was forced to take care of my dad after I had a stroke and moved in the him and my stepmother. The my step mother died. The charged me rent them my sister had power of attorney and embezzled my social security diasbility. I wacthed him 16 hours a day nearly 2 1/2 years. The house has a reverse morgtage on it and i to be sold. What are my rights. He is now in a nursing home.
Reverse mortgages can be such a problem. None of the big banks will mess with them now. The companies that got in so much trouble for sub-prime lending ten years ago are the only ones that handle them now. BOA pulled out of them a couple of years back because of the problems that went with them. I wish they would quit doing them at all. The only people who need them are those who can't afford them.
If there are any assets, distribution would be spelled out in the will if one was written. Do you know who the executor is?
As far as your sister is concerned it may be fraud and you will have to take legal action to get access to your benefits. Does she have POA financial for you.
Am I correct in understanding that your sister held Power of Attorney for you, and abused it by keeping the money she was supposed to use for your benefit?
Have you considered asking the Social Security people for advice going forward? There must be resources for people in your special situation, I'd have thought.
If you're asking whether you have the right as the caregiver to stay in your father's home, the answer is probably no. Generally a reverse mortgage will require the homeowner to remain in the home; if the homeowner vacates the home, it will become property of the bank. If there are any assets left after your father dies, they will be distributed according to his will or, if there's no will, then the intestacy laws in your father's state. The fact that you were the caregiver doesn't give you any rights unless your father made provisions for you in his will.