Can a spouse legally cut off their dependent spouse while married?

Location: Colorado, USA

My dad threatened to cut off my mother from credit cards and accounts- currently, she cannot view any of their finances as he has blocked her from it. She is a housewife and has been for the past 26 years. He regulates every single one of her purchases (he set up some sort of text alert) so she can't buy coffee or basic family groceries without him knowing and asking about it. (FYI: Me and my sister, both college-age adults, are unemployed and completely reliant on him) My question is- Is this threat of his even legal, as he has 3 completely financially dependent individuals relying on him?

Additional question: My maternal grandmother is dying, and my mom is worried that he is going to seize her inheritance without her permission. Is this legal?

Author: trinityhb