Very Conservative Conservatorship- Or sort of how it should have been done June-July 2016

Looking at the conservatorship account and the spending there, it is a complete swing of the pendulum from spending like a crazy person to barely spending at all.

Below is the JPG. Click for a larger image

 Instead of republishing the bank statements, which are somewhere, I just exported the data, removed some identifying information and put it in an Excel spreadsheet.

In two months, there are seven transactions. Under Sonya she would have had seven transactions in about 2 days. To be slightly fair June was sort of a wash because Mike, the son of the victim, was still having trouble communicating to the bank. Earlier that month he had to beg the staff to send a check on Carol, his mother and the victim, to Kirkwood Villa to pay for the June rent. July was also messy as CalSTRs weren't sending Carol's pension to the new account yet.

A lot you don't see here is the money Mike and I spent in regards to Carol from our own accounts. We'd already dipped into our savings for about $7000 for a retainer fee for the lawyers to make the conservatorship happen. When Mike did get access to his mother's funds, or what little was left after Sonya devoured their mother's retirement savings, he had to deal with the first health crises of his conservatorship, trying to get diabetes medicine to his mother who just lost her Medicare prescription parts. We were very willing to spend our own money to try to get her the medication she needed.

So let's review July 2016

July 1st there is a withdrawal of $3,300 via check #101. That was for Carol's stay at Kirkwood Villa. July 7th, there was a transfer of $3085.98 from one of Carol's accounts. I will guess it is from the frozen account that Sonya, prior to the freeze had access. It looks like it is the CalSTRs pension money. I do remember we were very anxious about transferring that as quickly as possible so Sonya would not be able to get her hands on any more of Carol's money. July 31st the bank charged a service fee of $6 and provided a dividend of zilch.

Because Mike wanted to make sure he was following the rules, he barely spent any money. By 2017 he learned to spend a little bit more, splurging for a nurse/companion to take Carol out on day trips and to the doctor, so she wouldn't be stuck inside all week. The problem was that Carol's pension of about $3000 a month did not cover her stay at Kirkwood Villa which was $3300 a month, about a $300 a month difference. This doesn't even begin to cover her medical bills. Going back to the $10,000 Sonya took for Child Support, that could have covered the deficit for several years. Thankfully, Sonya did not get all the savings, there was still a little something left in the investment account and there was this pesky other investment that we couldn't figure out what the heck it was. Thankfully, neither could Sonya.

This was more of the right way. Funds under the conservatorship were spent to care for Carol. Finds should not to cover Uber trips for teenagers or supplies for the POA's business ventures.