My stepmom suffers from dementia and she is being taking advantage of when she receives her retirement money every month. I have taken her debit card but she still is able to withdraw money with family members. When asked about it she claims she doesnt remember but she routinely writes down her withdraws. How can i protect her so she will have enough money to survive?
If Step-Mom doesn't have Power of Attorney, do you think she is still of clear mind enough to understand what is a Power of Attorney and have an Attorney appoint someone? If not, then someone needs to get Guardianship of Step-Mom.
What I fear is that when the time comes for your Step-Mom to need Medicaid for her care, such as paying for a higher level of care, Medicare does look back 5 years to see what your Mom has been doing with her money. Medicaid will see a lot of "gifts" being given of money. Sadly Medicaid could deny her of care until that money is returned.
Can you please explan the Medicare aspect?