Legal Question in Banking Law in California

Banks says my brother and I are trying to steal money from mother

My father died leaving all money etc. to my mom. My mom has alzhiemers and cant remember something from 5 minutes ago. My brother was wanting to put some of the money into a money market where he could write checks since my moher cant even write. The officals at the bank think we are trying to transfer all the money into accesible accoutns so my brother and i can spend it freely. My mother is incapable of making any decisions she just agrees with what anyone says. She has said before that she is going to give most of her belongings to imaginary people. There is a form in their trust that can be signed by a Dr. if she cant make decisions and were working on that. How do we approach the bankers and resolve this matter?


Asked on 10/23/03, 5:11 pm

2 Answers from Attorneys
Yaphett Powell Vubiquity, Inc.

Analyze the trust & create new financial accounts

Your answer depends mostly on the provisions of the trust agreement (there are probably "power of attorney" provisions). We can help you analyze the trust provisions.

Also, once you receive control of the funds, we can assist you with establishing the appropriate investment accounts (i.e., money markets) and making financial decisions. In addition to being a licensed lawyer, I'm a financial advisor in Beverly Hills. If you would like a free phone consultation, please email us directly with your contact information.

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Answered on 10/25/03, 3:38 pm
H.M. Torrey The Law Offices of H.M. Torrey

Re: Banks says my brother and I are trying to steal money from mother

we should be able to assist you with your question, but we would need more detailed facts regarding the situation, especially the provisions within the trust instrument you mentioned regarding the doctor and your mother at the end of the question. if you would like a free phone consultation, email us directly with your contact information.

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Answered on 10/23/03, 5:35 pm


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