Safety of mirror wills? One person has dementia and assets are shared, one sibling has poa.

51 replies

MirrorWills · 23/10/2024 16:37

Same situation new aspect.

Elderly married couple have mirror wills, their assets and money are mostly shared some shares in dad's name and pension etc.

Dad didn't want anyone except daughter 2 to be his executor. Now he has dementia.

Can his wife suddenly get her own will drawn up?

Mum has daughter 1 as poa even though she's OK but wants support.

House is sold and a large amount of money is about to go into a bank account that daughter 1 has access too.

A will was changed, whose?
What's to stop daughter one from syphoning off all the money?

OP posts:

Changingplace · 25/10/2024 22:13

MirrorWills · 24/10/2024 19:43

The dad didn't want wife as poa.

House sold as it was claimed it wasn't going to work unfortunately but it's perfect, everyone knows dad and a good network of people friends but away from family..

It's all very well saying report it but that would leave a vulnerable couple essentially homeless with no money because it's all locked.

Just highlights how vulnerable we all are really.
The dad thought everything was sound and secure and tied up he went to great lengths to make sure of that in his will because he was adamant it should be fair.
Now the power balance has totally shifted.

I don’t think reporting it would leave them homeless with no money, they’d potentially remove the daughter who is POA but your mum would still have access to her money.

It goes to show that people should be aware of arranging POA not just that wills are written, the power balance has only shifted because he hadn’t got that in place but as many people have explained it’s possible to rectify this by applying for Guardianship.

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