HI all,
For those who are following my posts, you know the situation - myself and my brother are POAs for my narcisist dad with dementia, who is in assisted living, and just now realizing that he is incompetent for decision making.
DPOA was put into effect by him via his attorney at the time of hospitalization last fall. Functionally it is still in effect with me managing most of his estate.
Question - how much do we need to reveal in good faith about issues with his house?
His current level of competency has not been tested or evaluated, but most in contact with him agree that it is worse than when he signed to DPOA into effect. . He is in AL and is "ok" with me running most of his finances and estate.
However , I recently discovered that his currently unoccupied house has roof leaks and some floor damage due to this. Am I obligated to tell him about this? The only reason that I am hesitant is because he will 1) Freak out 2) want to go see it 3) want to be involved and micro manage the repair process, even though he cannot remember things day to day and it will just slow things down, and drive me nuts.
Personally I would rather get the roof and floors fixed myself using his funds with careful documentation (and then with respect to soon selling it, I hope), without his getting involved or even knowing about it , and wanting to micro manage it. But, in good faith, am I obligated to tell him about the issues ?
When we moved my mother from NC to FL into AL, we handled everything she was not able to or interested for that matter. We cleaned out her house and sold it.
There were many repairs that we had to do before putting up for sale.
If he asks I would tell him, if not, I wouldn't. Why start trouble?
What would be the purpose of discussing with dad?
You listed good reasons NOT to involve him.
You have the authority, right?
If you are concerned about having the authority, I would contact the attorney.
Do know that water damage is the worst and should be dealt with ASAP to prevent even more damage.