Does this sound like my brother is financially abusing my elderly parents?
Wondering what to do about this situation: My mom (85) with documented dementia, was told by her doctor she could no longer drive. My brother immediately called me and said he should get her new car because it got better gas mileage than his and he would be visiting more (her car actually got worse mileage then his). When I told her my dad wanted to keep it in case his car was in the shop, he got very defensive.
A few months go by, mom suddenly announces she wants to give my brother her car and me the cash equivalent. When I raise questions such as Medicaid look-back/ethics and legalities of receiving large gifts from someone with dementia, he responded "Who's going to know." He argues that it's good we're getting rid of the car so she won't be tempted to drive.
My mom suddenly takes a turn for the worse and we decide to put her in memory care. He texts me, "Let's be sure and sell mom's car before she goes into memory care so we can each get the money."
He has a history of financially questionable decisions with other people's money and could eventually be my mom's DPOA should she outlive my dad who is in poor health. I don't think at this point my parents would agree to some kind of protective trust (They think my brother is a saint) or what I can do to protect their money for their future care. Any ideas?