Poa use or money

[Sleepybear1234]

Hi I am just looking for some impartial advice please to settle disagreement.
If somone has dementia can their family set up poa when the person doesnt know what they are signing and won't remember anything past around 10 minutes.
Are the poas allowed to give loans to themselves of £15000 to one poa and split the remaining 30 k three ways into the others bank accounts in effect emptying the persons savings account if they believe they are protecting the funds from tax government etc 🤔 I think I know the answer but am working against a lot of people telling me I don't know what I am talking about and it's none of my business . The person has no direct access to money now and has had a fair few services cancelled on their decision as its a waste as he has dementia
Thanks in advance

@Sleepybear1234 yes dsis usually phones dm while I am there when I was allowed in the house usually reminding her not to mention something to me like when she was doing the equity release

Ive ended up taking the day off work as I am stressed and upset. I didn't sleep well and have decided to write dm a letter kind of saying bye to try and get some closure on the situation I doubt i would be notified if she was at deaths door and it gives me anxiety thinking I won't get chance to say goodbye
I won't be bothering to go and see her again

@Spendysis so sorry this has happened it sounds so stressful for you 😔 some people really have no morals at all x

@Sleepybear1234 thank you i hope your situation gets resolved smoothly

Where money is involved sadly some people have no morals or loyalty

Sorry if I have derailed the thread with my own problems
Can I share with you all the news I wanted to share with dm who was a teacher and whenever dc got results the first thing I used to say was ring granny and your aunt I've lost a lot of family friends because of this situation no idea what dsis has told them and dd doesn't want it on social media as it will get back to her aunt who she feels has given up her rights to know about her life

Ds 19 who is working as a chef has a new job more money in a lovely local county style pub

Dd 23 has got her first full time job the job she wanted after studying as an. Occupational Therapist assistant so can quit her job at the local shop that she worked at while in university

Dd got a 2.1 in her masters degree in clinical psychology so very proud of her

@Spendysis that's such lovely news 😊 I'm sure she would be so proud so sorry you can't share it with her xx

To gain a POA for my DH, I had to take legal and then medical advice that he was capable of doing so. His dementia (Lewy Bodies) came on quite quickly. There is a further structure- guardianship which can be used if a relative cannot give consent but this requires court approval. I would be very concerned that a number of relatives appear to have taken a vulnerable persons assets.

@Cyclebabble it's awful and it still hadn't sank in what they have done I have been experiencing extreme sadness the past few days as I never thought in a million years I would know someone who could do something like this x

@Sleepybear1234 i hope you feel better soon I have been feeling sad the last few days about it all

Last year we had 5 sudden unexpected deaths including dh brother who had a heart attack and we had to switch his life support off so we know how precious life is then my only dsis goes nc with me and excludes me from things with dm who is elderly and in poor health so she can help herself to dm money

It is hard given they are your relatives but you should consider calling social services ans making a safeguarding disclosure. They can then act to protect a vulnerable person. I have issues with my own children. One of whom.took DH out and thought it was perfectly ok to use his debit card to purchase £600 of clothes and other goods. When challenged its the same answer. Dad said it was ok. Its really hard looking after someone with damentia and you learn so much about the worst aspects of people's character.

Rant alert its come up on my Facebook through the local paper a cleaner has stolen from her 92 year old client £350 and has been jailed for 9 months

I have a recording of dm saying dsis has taken £10k from her account without her knowledge in 6 months 6k in transfers £4k on a gazebo dm wasn't getting her bank statements as turned off by dsis on the app she had downloaded poa not registered with the bank at that time

I raised concerns with opg in January it's still not even been assigned to anyone to investigate in that time she's removed me as poa taken £2k a month remortgaged dm house changed the will
Social services passed it onto the police as dm has no idea of what is in her bank account probably not getting statements again and believed dm was being manipulated

Police visited dm who said everything was fine so they closed the case wtf