Blindshooter, if your MIL already has documented dementia, a POA may not be valid.
Absolutely 300, thank you for mentioning that. The time to get a POA is before a doctor would certify someone as demented and that someone else should be handling their affairs.
While I had most of mom’s financial things worked out, I got a reality check after she died and Social Security had put a lock down on everything at the bank. She had an annuity check that I could have put into her account that I could have accessed before she died, but the bank locked down her accounts after she died and my POA meant nothing. Months and more paper work got it eventually, but it sure would have been easier if I hadn’t waited.
Some terrific insights on this thread for something that we are all going to be facing. I do appreciate the input.
