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Reply to "s/o How much do you know about your parents/ILs finances?"
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[quote=Anonymous]I know enough. With In-laws we know because until she passed two weeks ago, BIL sent quarterly updates. He was handling her finances for the past 8 or so years. She had dementia for 18 years. I have gone over finances with my Dad several times over the years. He wants me to know where everything is the the approximate amounts. They get a federal pension and health insurance. They own their house and have $x in various investments. They do fine. He knows the rough outline of our finances too, but not he details. Nothing is a huge secret. [/quote]
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