Legal Question in Elder Law in California
elder financial abuse
Long story short, our older sibling was on a joint acct.with my 83 yr.old mom which had $200,000. in it from a reverse mortgage (monies for her in-home care)Surviving cancer and now a broken hip.Well he drained the account. Taking an average of $8,000. to 10,000. a week CASH. Some of the money was transfer to another account. We have a LAPD specialist on the case for 2 months now, it is a long slow procedure but it is looking hopefull that he will prosecuted. My question is: we know we should of hire a lawyer ASAP, but it comes down to how much money are we willing to spend to get the $200,000. back. Our mothers money is gone. We do not know if our brother has any assets so that makes it hard for a lawyer to want to take this case on as a contingency bases!My siblings and I really are at a lost as to what to do regarding hiring or not to hire a lawyer, the detective suggested that we should of taken care of that a while ago. Help!!!
1 Answer from Attorneys
Re: elder financial abuse
Certainly the longer you wait to try to recover these funds the more risk you will incur to recover these funds. It is difficult if not impossible to tell you how you should proceed. I would agree with the detective that you should have consulted a lawyer some time ago. Even if you recovered one quarter of the money for your grandmother it sounds like she would benefit from it.
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