I've about decided my sisters are so worried I'll take the money and run that they'd rather let mom become penniless and a ward of the state.
My biggest concern is that if I leave things as they are and she ends up in nursing home care and all her money is used up and she becomes dependent on Medicaid and is a ward of the state, somehow my siblings and I will be looked to for further financial support of mom. And I can tell you now that if mom's money is all gone and there's nothing in it for my sisters, there will be no financial help from them. As I said in a previous post, they aren't the most fiscally responsible adults in the world. I doubt they have $1000 combined in their savings accounts. Through the years they've borrowed money from mom and never repaid. I know, my mom is as guilty as they for loaning to them in the first place. She chose me to have the POA because she said I was the only one of her children that she trusted to do the right thing.
Quite honestly, I wish she'd write us all out of her will. I don't want nor expect anything from her. My sisters, OTOH, feel entitled to an inheritance.
They've vowed to ask for a competency hearing if the POA allowing me gifting privileges goes through. I keep telling myself the attorney wouldn't draw up the POA if she felt my mother was incompetent, just as the other attorney made sure mom knew what she was doing when she drafted a new will last year. In that vein, I try to convince myself that my sister's legal moves would be thwarted before they could even begin.
I don't want to put mom through a competency hearing. I just wish she hadn't had to receive a letter from her own daughters -- a letter that basically called me a thief and said she was too incompetent to handle her own affairs. She told me when we set this all up that she COULD handle it herself; she just didn't want to because she wants to enjoy life. Sad that my sisters keep screwing up her enjoyment.