I have had financial POA for a few years for my 83 year old mother who now lives with me.
She has very mild dementia.... more confusion than anything else.
My older brother, age 52, has never had a job and lives in a house that she bought for him and she pays all his utilities. Actually, I write the checks but it is her money and her wishes.
In addition to the above, she is contantly wanting to give him money. She has given him her credit card number so he can order grocery delivery and I just overheard her on the phone saying that if he comes to visit her, she will give him money and her physical credit card.
Here is question. As long as she is technically able to make her own decisions...even stupid ones, how much can I, or should I, use my POA powers to stop her from giving her money away?
I want to make sure that there will be enough money to meet her needs all the way to the end.
Would your brother be able to get employment to pay his own way should Mom pass? Or would he move in with you?
I think once all those answers are met, you would be able to make a sound decision as to whether to take over how the money is spent.