What is the best way of supervising the finances of someone who doesn't believe they have a problem..... the poor ould fella has run up his overdraft to the limit, and sees no reason why I should want to supervise his spending ( he can't pay his share of the rent etc) - If I go to his bank with my ID and the Power of Attorney documents - to sort it all out - are they allowed to use his pension to clear the overdraft when that is all the money his has coming in......... forewarned is forearmed, so I would like to know the situation in advance.....
Mary.
I'm sure the bank will come to a sensible arrangement. They won't take all of the pension as it will just cause more difficulties. Really, and I know it will be difficult, your fella should just be given cash now, and you deal with the rest, involving the card etc. Afraid it's another awful stage that needs to be coped with. My husband, a very intelligent man, couldn't sort out his finances as the Dementia was progressing. Could write a list of what he did, and now I'm chipping away at it all. Getting there, but will be so much better for you if it doesn't get out of hand. Sorry it's another awful whammy for you.