This is a very complicated and very interesting puzzle here. I live in Texas, Dallas County if that has any bearing on my question.
My mother and father have full power of attorney over my grandparent's finances, health, and pretty much their lives. I recently found out that they changed the will to exclude the grand children from it. Now I know that normally, they would not be able to change a will with power of attorney. However my grandparents had their assets allocated in Washington Mutual, originally placed there when it was called Bank United before WaMu bought them out.
As you all know, WaMu is no more. So my parents made the prudent choice to move their assets and spread them out over several different stocks and bonds. The total amount they were worth was well into the 20 million range. My granddad was an employee of Raytheon during, and after WW2 as an aeronautical technician. He was very smart with his money and invested heavily.
When WaMu collapsed, my grandmom had bad dementia and my granddad had very bad alzheimers. So neither of them were in their correct minds. My parents were able to take their wills and change them up so that my dad and my uncle get everything and the grandkids get zip. Originally we were said to get 1 million apiece before uncle sam took his cut.
I want to know if what they did was legal. It seems to me like they took what they wanted and left everyone else to rot in the dust. What can I do??