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Reply to "s/o How much do you know about your parents/ILs finances?"
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[quote=Anonymous]Everyone seems to agree that parents/ILs have no business knowing anything about your finances, according to the "left my trust statement out for ILs to see" thread. So do you also feel you have no business knowing about your parents/ILs finances? My mother has never been open about money. She once grounded me for opening the phone bill. Now she's in her 70s, and living off a reverse mortgage (which I know only because she revealed it unintentionally). The house is her only asset, and she spends money like water. When do you think I (and her other children) have a right to know more about her financial situation? The more she spends now, the more help she'll need later. She's in perfect health and both her parents lived into their 90s. [/quote]
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