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Relationship Discussion (non-explicit)
Reply to "Plans for supporting elderly parents causing relationship issues??"
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[quote=Anonymous]I am so sorry but I must join the chorus here, the effects of your potential marriage on both children’s financial aid could be devastating. Both of your incomes could be imputed to both children! It sounds like his poor financial education started with his parents and at his age, will not be overcome. Once he sends $200 a month to his parents and perhaps takes out parent plus loans for his son, he may not be abl e to pay his half of the mortgage. I am sure that he is a wonderful man. I strongly advise against marriage. As you already live together, aside from getting each other’s social security at death, there is no upside as someone stated…only down…down…down. PS, I don't think you can tell him not to support his parents. But you can insist that the mortgage etc be paid every month on time at your house.[/quote]
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