My boyfriend has not told his children how dire his situation is but then, he didn't remember how bad things are. He was recently hospitalized for many weeks, he also has early dementia, I offered to help him with his finances only to uncover huge debts, I am at my wits ends what to do. He has not told his children how dire his situation is but then, he didn't remember how bad things are. Please help me
thebrit, you have a huge job if you wish to help him sort though these bills. But whatever you do, do NOT pay any of the bills for him. You are not legally tied to him.
Are you your boyfriend's Power of Attorney? Or does that belong to one of his children. If one of the children is POA, had the financials to that child to sort out.
I hope you have your financials separate from your boyfriend.
This is sticky. The kids may or may not be honorable as to his finances but my instinct is that they need to be informed and involved and possibly seek guardianship to deal,with the finances.
If you were to try and take control it would lead to much fighting between you and the kids. And heed Freq Flyers advice: Do NOT take on or pay thus debt with your funds. Don't respond to or deal with his debtors in any way. This is not your cross to bear.