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Eldercare
Reply to "Elderly Parent: Estate Planning"
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[quote=Anonymous]The properties could turn into an issue. Even siblings who are close can disagree when it comes to property ownership. Fun beach rentals cause huge issues, but even just a regular rental in a suburban area can cause issues when you have to agree on repairs, who will be the contact person to real-estate agent, etc. Your mom needs to pay. If not record all expenses and get your siblings to agree in writing you will be reimbursed from the estate. Better to make mom pay. I was happy go lucky when this all started, and felt I could work even with a difficult sibling. i was helping my parents a ton and of course didn't charge and eventually they get demanding, siblings might get demanding and no good deed went unpunished for me. Document everything in case one crazy sibling suddenly decided you are robbing mom. I finally had enough and we used parent's money to hire out everything. After all those years of free labor I am the bad guy. [/quote]
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