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Eldercare
Reply to "69, zero assets, social security is not enough"
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[quote=Anonymous][quote=Anonymous]We bought my alcoholic, broke father a condo in a senior retirement village and furnished it with Salvation Army furniture. He was able to pay the maintenance and groceries and utilities. When he died we sold it at a profit.[/quote] This is the sound answer. Don’t give her money. Purchase a small place as an investment and let her live in it. Then she uses her money for essentials like utilities and phone and groceries. Once she passes, you sell the property [/quote]
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