How can I stop my mom from getting another ATM card. My sister has convinced her to get one. I think this is a way my sister will be able to access my mom's checking. I feel this is true because 8 months ago when my sister was POA, she had an ATM on my mom's account. I found out she was taking anywhere from 1500 to 2500 per month from my mom's checking. My mom, 87, early dementia, does not even know how to use one. I have DPOA and I'm on her bank accounts. Help.
I take it that the ATM card is only a problem if it is in Sister's hands. If mom gets a new one, ask her to give it to your for safekeeping. The way I convinced my husband to let me keep all cards was to say he shouldn't carry them to guard against identity theft.
Or, as DPOA, change the PIN number on the card.
Lots of ways to keep Sister from unauthorized use. Just do something quickly. Surely Mom cannot afford that kind of drain on her account!