Legal Question in Banking Law in California
My sister and I are joint owners of a bank account we set up in 2020 with family knowledge and approval to protect our dad’s money from his thieving granddaughter and her family ant to save up for his medical needs and end of life expenses. Since then, there has been dissension in the family and Now, three siblings have persuaded dad to demand his money back. We know he plans to give all his money to the same granddaughter who had stolen money before and we also know that two sisters have already financially benefited from cashing in dad’s life insurance. We asked the bank to freeze the account to avoid any unauthorized withdrawals. What else can we do to protect his money until he needs it for specific medical needs. He’s already told us he’d give it all away. He is 91 years old, living independently, but not making sound decisions.
1 Answer from Attorneys
This is a very sad and common situation across the country. You will need to ask the court grant you guardianship over your father's affairs. This will give you greater legal rights to protect your father.
Good luck.
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