Anyone else dealing w/this? I just discovered parents were hiding financial documents and bills. They are 83yr old dementia sufferers enticed by a "free dinner"at a resort they were staying at.
They were scammed into signing 3 timeshare contracts. It seems at one point they tried to exit but were denied by the timeshare company, so owe $60k and can't pay. They trusted "friends" (barely acquaintances) that told them "just don't pay" and their credit tanked and collection companies now call 5-10 times a day. My dad (w/dementia)wont give up his phone or change his contact info. He gave a couple of them $9K each plus their checking account number. The bank even red flagged the transactions but of course talked to my dad and got approval, (he has very limited ability to comprehend). He doesn't even remember doing it or who collected the payments.
Im POA, DPOA, beneficiary and successor. Not authorized user on their bank accounts. How can I help them? I feel completely hopeless. Even bigger issues. My parents refuse any help for caregiving, financial, medical support with no plan, low income, or very little savings for expenses, medical costs, AL or funeral. They refuse to give up driving and are unfit physically and cognitively. They have serious medical conditions along with dementia. Dad dementia has made him a very angry, agitated bully. Mom is powerless against his controlling, demanding ways. I can't seem to get help from APS because they showtime when case workers do an emergency visit. I'm the only child. I live in another state 1/2 way across the country. Am I the worst daughter in the world for not knowing about all this, and for not being the "bad guy" and pushing my way in...and not even knowing how to step in and manage it all? Ive never been in these situations personally. I just want to make their problems go away. Im afraid for them. It's devastating for me to see it. Im sorry readers for the giant rave here.