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[quote=Anonymous][quote=Anonymous]This is OP - thanks for the responses here. For now, there is plenty of money but there is a chance that they could burn through it all if MiL lives a long time. [b]She will not be willing to live in a Medicaid bed, so I'm anticipating that all the funds - possibly some of ours - could go to support her at some point. [/b] BiL is not always the most logical individual, somewhat vocal on how he expects an inheritance, and has been hellbent on how he is owed half the vacation house proceeds immediately. I see DH wrestling with this, so appreciate the feedback. My parents both received Medicaid for their LTC. There were fortunate to have better facility options than what is ILs' hometown. Thanks again.[/quote] If she runs out of money and needs 24/7 care, it can set you back $300,000+ each year. Do you have an extra $300,000 each year to spend like that?[/quote]
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