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As far as her finances are concerned, if she hasn't assisnged a POA by now, she cannot do it now if she is suffering from diminished mental capacity.
The only way you can get a hold of the situation is by filing for guardianship. This is a more radical step, but it seems as though she is a danger to herself and possibly others.
I would highly recommend visiting with a social worker and find out what steps need to be taken. There is a definite order to how these things are done. You may also want to consult an elder attorney to sort out her finances.
I do not think it is wise to wait until something "significant" happens before you take action. I would suggest going with your instincts and doing whatever is necessary to see that your Mom is safe and getting the care that she needs.
Your situation is challenging...good luck.
Also, if your mom is a hoarder contact public health and safety in your county and report her home. They can help as well. Her home sounds like a fire hazard and if she is unable to clean it up to code then a judge can have her removed from the home.
I would appreciate any help. thanks