Legendary astronaut Buzz Aldrin files lawsuit against two of his children, who are trying to take control of his finances

Legendary astronaut Buzz Aldrin, who has walked on the moon, is facing a major challenge at home — from his kids.

Andrew Aldrin and Janice Aldrin say their 88-year-old father is in declining health and want to be able to make financial decisions on his behalf. The NASA icon responded by filing a lawsuit, claiming they slandered him by saying he is suffering from dementia and Alzheimer's.

Business manager Christina Korp is also named in the lawsuit, filed earlier this month in Brevard County, Fla.

"Nobody is going to come close to thinking I should be under a guardianship," Buzz Aldrin told the Wall Street Journal in an interview last week.

Aldrin alleges in the lawsuit that the two children and Korp intentionally withheld "pertinent financial and business information" belonging to him. The suit claims that Andrew Aldrin and Korp transferred nearly $500,000 for their own use. They are accused of elder exploitation in the lawsuit.

Photos of Aldrin through the years: 

11 PHOTOS
Astronaut Edwin "Buzz" Aldrin through the years
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Astronaut Edwin "Buzz" Aldrin through the years
Apollo 11 astronauts Mike Collins (left), Neil Armstrong (centre), and Edwin 'Buzz' Aldrin, in front of the Lunar Landing Module Simulator at the Kennedy Space Centre, USA, prior to their landing on the moon. (Photo by Central Press/Getty Images)
US Astronaut Buzz Aldrin, walking on the Moon July 20 1969. Taken during the first Lunar landing of the Apollo 11 space mission by NASA. (Photo by Universal History Archive/Getty Images)

Astronaut Buzz Aldrin during the Apollo 11 mission in a photo released by NASA's Apollo Archives project. (Photo via NASA)

WASHINGTON, : The crew of Apollo 11 Michael Collins (L), Neil Armstrong (C) and Buzz Aldrin stand in front of the Apollo command module Columbia after US Vice President Al Gore awarded them the Samuel P. Langley medal 20 July, 1999 at the National Air and Space Museum in Washington, DC. Armstrong was the first man to step on the moon 30 years ago 20 July 1969 followed by Aldrin while Collins remained in the orbiting command module. AFP PHOTO/Joyce NALTCHAYAN (Photo credit should read JOYCE NALTCHAYAN/AFP/Getty Images)
370150 04: Buzz Aldrin, NASA astronaut and lunar module pilot for the Apollo 11 mission, poses for a photograph May 25, 2000 at Borders Books in Chicago. Aldrin was at the bookstore to discuss and sign copies of his new book 'The Return.' (Photo by Tim Boyle/Newsmakers)
Former astronaut Buzz Aldrin speaks during the Olender Foundation 15th Anniversary Awards presentation ceremony December 6, 2000 at the Kennedy Center in Washington. Aldrin was presented with the American''s Role Model 2001 Award. (Photo by Alex Wong/Newsmakers)
Astronaut Buzz Aldrin poses with his wife Lois outside Mr. Chow''s restaurant June 11, 2001 in Beverly Hills, CA. (Photo by Getty Images)
Former astronaut Buzz Aldrin talks about the Space Shuttle Columbia disaster during a taping of NBC's 'Meet the Press' February 2, 2003 at the NBC studios in Washington, DC. Columbia disintegrated as it returned to Earth after a 16-day mission, killing all seven astronauts aboard. (Photo by Alex Wong/Getty Images)
Space pioneer Buzz Aldrin announces AXE to Send 22 Guys to Space with New Apollo Campaign at American Museum of Natural History on January 9, 2013 in New York City. (Photo by Eugene Gologursky/Getty Images for AXE)
BEVERLY HILLS, CA - DECEMBER 14: Astronaut Buzz Aldrin and Baroness Kimberly Moore arrive at Women's Image Network's 16th annual Women's Image Awards at Beverly Hills Women's Club on December 14, 2014 in Beverly Hills, California. (Photo by Allen Berezovsky/Getty Images)
WASHINGTON, DC - FEBRUARY 24: Former NASA astronaut Buzz Aldrin prepares to testify before the Senate Space, Science, and Competitiveness Subcommittee on Capitol Hill February 24, 2015 in Washington, DC. The committee heard testimony on the topic of 'U.S. Human Exploration Goals and Commercial Space Competitiveness.' (Photo by Win McNamee/Getty Images)
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The children are seeking control of their father's finances and want him to undergo a competency exam, according to the Wall Street Journal.

Andrew and Janice Aldrin said in a statement to the Journal that they are "deeply disappointed and saddened by the unjustified lawsuit that has been brought against us individually and against the Foundation that we have built together as a family to carry on Dad’s legacy for generations to come. We love and respect our father very much and remain hopeful that we can rise above this situation and recover the strong relationship that built this foundation in the first place."

Korp was fired by Aldrin last month, but continues to "represent herself" as an employee of the space legend, according to the lawsuit. She has knowledge of Buzz Aldrin's "cognitive decline," the children note in their request for an examination, according to the Wall Street Journal.

“What Andy is doing is saying to Buzz, ‘you’re old, you’re not in your right mind anymore because you don’t agree with me,'" Buzz Aldrin's lawyer Robert Bauer told the Journal.

A longtime friend of the astronaut said that Aldrin has never been great about financial matters.

"Buzz is a genius, he’s the smartest guy I ever met," Robert Tourtelot told the Wall Street Journal. "But Buzz has never been street smart."

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