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Reply to "Is it reasonable to ask your parents what your inheritance expectations should be?"
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[quote=Anonymous]OP, Why? Save as much as possible. What if your family's funds end up being invested with another Bernie Madoff? The question to ask perhaps is how will things work if one parent dies and the other has or develops dementia? Who will manage the funds? Does someone other than a parent have a list of all assets, all account numbers? Do you know how hard POA is? I have it for my mother, and I had to get it on every single account. Nursing homes can cost $750 a day. $273,750 a year.[/quote]
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