Sister has power of attorney of Father who is in a memory care place. Father was just divorced from stepmother a week ago. I know there is atleast 400,000 dollars in cash that he has and he has stocks/ IRA/ insurance policies. I want to know if she has to provide my with any records. I dont trust her she stole money before when she took care of my Mother.
You do not have the right know what is in your dad’s estate. That said, if you suspect elder abuse (yes, spending his funds qualifies) then you can report her to state authorities.
I agree (mostly) with Mr. Gates. The court would review your sister's behavior from the view of taking care of your father...not your inheritance. Many financial advisors today say the perfect estate plan is one where you run out of money the day you die. In other words, the plan is for the benefit of the person who funded it, not their family. Still, if you have concrete evidence of prior financial exploitation (and not just suspicions), you can hire an attorney (at your own expense), file a request for an accounting. The statute governing durable powers of attorney permit this, and it forces your sister to show how much money is there for your father's care. Remember, though...the money is for Dad, and not your inheritance. Every penny of it may be spent before he dies...on him.
Without knowing all of the details, reviewing documents, and interviewing witnesses, no person should assume that this Answer constitutes specific legal advice for any specific legal situation. No attorney-client relationship is created by posting general legal responses on this site.
Years licensed, work experience, educationLegal community recognition
Peer endorsements, associations, awardsLegal thought leadership
Publications, speaking engagementsDiscipline