I'm struggling with this with an older relative right now. She's ever more erratic and forgetful, and is making poorer and poorer financial decisions, but where is the point where you can sit...
I'm struggling with this with an older relative right now. She's ever more erratic and forgetful, and is making poorer and poorer financial decisions, but where is the point where you can sit someone down and tell them they can't be trusted with their own money? Actually going to a judge and having someone's financial self-determination taken away is definitely a thing that can happen, but it's such an extreme step and is sure to ruin a relationship unless the person is so far gone they don't even know what's going on. But in the meantime they can give away hundreds of thousands of dollars to dodgy charities and political campaigns who say the right things to scare them. It's an impossible situation.
I'm struggling with this with an older relative right now. She's ever more erratic and forgetful, and is making poorer and poorer financial decisions, but where is the point where you can sit someone down and tell them they can't be trusted with their own money? Actually going to a judge and having someone's financial self-determination taken away is definitely a thing that can happen, but it's such an extreme step and is sure to ruin a relationship unless the person is so far gone they don't even know what's going on. But in the meantime they can give away hundreds of thousands of dollars to dodgy charities and political campaigns who say the right things to scare them. It's an impossible situation.
https://archive.is/sID8F