question re: mother in law's gambling

I am new here...I have a question about what (if anything) can be done about a person's gambling problem. My in law insists she will be able to "get back on track" soon, but history suggests otherwise. Her children want to try to protect their mother's financial future...what is left of it, and she does not want them to interfere. Can children obtain a power of attorney? Should they try? She has recently gone through a large sum of inherited money and is back to borrowing again from friends and family- or, asking to borrow....

The children are concerned that she will lose her house (also inherited) and become homeless. The children, though grown are not in a financial position to support her...

please advise- thanks and happy new year.

My son is a compulsive gambler ›
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It is not uncommon for
By Bach - Posted on December 30th, 2006

It is not uncommon for compulsive gamblers to lose every last penny they have, including their houses. Celebrities and athletes have lost tens of millions of dollars because of their gambling addiction.

I would try to seek any type of help I can for her.

All the best.

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By sully06 - Posted on January 1st, 2007

Thanks Bach,

We will certainly do what we can, but my experiences with other addictions tells me there is very little that we can do for her. We have once again agreed to attend GA meetings with her and hope to help manage her finances....but again, so much will depend on her willingness to admit that she is powerless.

Thanks again for your input.

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Wow! Wish I could tell you
By denisec - Posted on January 7th, 2007

Wow! Wish I could tell you what to do but I'm in the same boat. My mom lives with me and has already gone through all of her money pretty much. About 130,000 in the last four years. Of course she still thinks that she doesn't have a problem. I guess eventually she will live paycheck to paycheck of her social security when all the money is gone but it pisses me off that she is throwing it all away and then expects me to take care of her. I'm also a complusive gambler which makes it difficult at times; of course I have been in recovery for almost four years now. Its like seeing the old me in front of me all the time, it's hard. I know there is nothing I can do though and that is frustrating so I feel for you. Unfortunitely until a complusive gambler reaches some kind of bottom they don't seem to seek help; I know I didn't.

Denise C.

3 years 9 months and 29 days without a bet

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