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Finances: Dementia member doesn't know where money is.

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Finances: Dementia member doesn't know where money is.

Postby Demcml » Wed Nov 19, 2014 12:08 am

Greetings,

Our grandfather is in near perfect health, except for his dementia. Our mother is a conservator as he was already diagnosed and she could not become the power of attorney. One bank account was found and thats what has been paying for his medical needs, but that has run out as it wasn't much. We know he previously had a much larger amount of money saved in years past, but now it can not be found and he can not recall any of his past financial decisions or what he did with it.

We figure this has to be a common issue. Is there any way to see any bank accounts he has opened, closed or been part of a joint account with in the past attached to his name?

Thank you for your time.
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Re: Finances: Dementia member doesn't know where money is.

Postby Ada » Fri Nov 21, 2014 8:31 pm

I think it will depend very much on what country you live in. For the US, you could start with http://www.missingmoney.com/ perhaps. And here's more information about the UK. http://www.moneysavingexpert.com/reclai ... ssets-free You could also try contacting local branches of banks. To see what their policies are on such searches. And because he may well have banked locally so that's a good place to try.
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