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    snowman449's Avatar
    snowman449 Posts: 1, Reputation: 1
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    #1

    May 29, 2011, 10:38 AM
    Finances of Alzheimers
    My wife has alzheimers, and I'm her husband...

    We both have medical problems... however I manage all her monies , i.e. checking accounts.

    We both have separate checking accounts. I transfer money to my account to help pay out medical expemces.

    This is her second marriage and I've been married before

    Am I legally within my rights ?
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #2

    May 29, 2011, 10:54 AM

    How are you transferring funds? If you do not have a Power of Attorney and are signing her name or signing without her authorization you are committing fraud. If she has children, this could be a problem in the future.

    Go to Court and have her declared incompetent and transfer money legally.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #3

    May 29, 2011, 10:58 AM

    Yes how are you doing the funds transfers, you can not legally just take money from her account, ( that does not have your name on it) If you were added to the account, of it you were given power of attorney to do so.
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