My question involves guardianship in the State of: Indiana
My mother in law has had guardianship for the past 3 years over her elderly mother who has dementia . My mother in law has recently discovered that her brother has taken advantage of their mother and basically stolen all of her money. The mother had over $775,000 in assets excluding her home and the land it sits on which is worth about $225,000 as well as a condo in Florida worth $340,000 but is owned jointly by the mom and son. When the father died in 1996 the son was supposed to be taking care of the mother and her bills and finances, but when my mother in law was granted guardianship in 2005 she discovered that the money which was invested in various areas through Edward Jones was for the most part gone, he has made several withdrawals throughout the years and it is now down to $18,000 and there are records of all withdrawals.
Now the Mom is in bad health and has no money to pay for her health care costs and my mother in law has no money to pay for this and doesn't want to lose what little there is left. As the guardian is there any legal action that she can take against her brother to recover any of the money or to make him sell the mom's half of the condo to pay for her care?