From Yahoo Finance: 2025-06-06 16:44:00

A woman’s brother, who was executor of their mother’s will, coerced her to sign power of attorney, then claimed her 401(k) balance after her death. The woman has evidence of equal asset distribution in their parents’ wills and texts about the fund’s purpose. She suspects fraud and elder financial abuse and seeks advice on rectifying the situation. The Securities Industries and Financial Markets Association offers guidance on financial abuse signs and recommends seeking legal counsel. Removing the brother as executor, freezing his access to accounts, and proving the fraudulent activity are suggested steps to take.



Read more at Yahoo Finance: My brother liquidated our mother’s 401(k) for her nursing home. He claimed the rest.