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Reply to "Reality check? How to better assist aging parent from a distance."
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[quote=Anonymous]The problem with your husband’s plan is it is temporary. You don’t have the resources to pay for your fil’s care in an ongoing basis. So when your savings runs out, then what’s the plan? Some options: - fil signs a doc confirming your funds to him are a loan to be paid out of his estate - siblings are made aware of this now. Everyone will be told this is temporary. - fil takes out a home equity loan or does a reverse mortgage and spends all his assets down and then goes into a state facility. He won’t look great and treatment won’t be fancy but he will be cares for. In the meantime he has full time aides at home. - refuse to have him discharged as others have said. - he moves in with a child [/quote]
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