Alicia Arol
2010-02-15 06:28:36 UTC
***My mom was embroiled in legal matters in regards to my mom's deceased husband's estate. My mom's 1/2 sister was helping my mom out, because my mom isn't good with that kind of stuff. My mom's 1/2 sister would place all sorts of papers in front of my mom for my NAIVE, TRUSTING mother to sign. My mom simply signed these documents (without either reading them or comprehending them) because she trusted her sister. She appreciated the fact that her sister was helping her to achieve financial freedom.
In 2008 my mom called me up (in tears) & said that her sister had informed her that she had a POA on her. My mom had no recollection of signing such a document. Both my mom & I were upset by this news, but we assumed that the POA only took affect if my mom was incapacitated in some way (in the hospital or something), so that there would be somebody to pay my mom's bills.
Very recently my mom went to her bank & requested a copy of that POA. I got a hold of it & (to my horror) discovered that it was an IRREVOCABLE POA. This document is the strongest POA one can draw up. Basically it makes the POA you. You no longer own any of your assets. Your POA owns everything. You should always think long & hard before ever giving another person that much power over you. I think that anybody sensible could "see" that a woman who had already drawn up a will that left her only child everything she owned would NEVER sign an IRREVOCABLE POA?
My mom had no idea what she had signed. She is a beautiful & trusting soul CURSED with a sister who doesn't care at all about her (as I sadly learned firsthand). My aunt can (at any time) LEGALLY sell everything my mom has (valued at about $200,000) & that aunt admittedly hates my guts.
The only thing that I guess I could "pray" for is that any sensible person can see something EXTREMELY FISHY in a notary creating a POA for his wife that gives her total power over her sister & lists the 2 sons of the husband & wife as the WITNESSES? This is everything that I found out by carefully examining this document. It seems to me that it should not even be legal for family members to draw up POAS for other family members to sign? To me-this is just asking for deceitful scenarios to occur.