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Eldercare
Reply to "Anyone else feel like being there for elderly parents was their downfall?"
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[quote=Anonymous]Emotionally and career-wise, yes, being there for my elderly mother was my downfall. BUT-- financially, I learned my lesson when other family members/ "friends" took advantage of my dying father many years ago, and convinced him to change the beneficiary designations on his retirement accounts to disinherit me (his only child! parents were divorced and neither remarried, but he left a lot of money to his *girlfriend*). They also stole valuable property that I didn't know he owned (I got it back in a lawsuit many years later). I was halfway across the country in grad school, and my whole family (particularly my father) was adamant that I couldn't drop out or take a leave of absence. I wish I had taken leave to keep an eye on him and the financial situation. I watched my dying mom like a hawk to prevent that from happening again (and like many other posters in this thread, my mom raged against me because I was the only family she had to take care of her, threatened to disinherit me and leave money to her friends, etc). I was only successful in this because her doctors finally declared her incompetent before she could change her will/ beneficiary designations (which left me everything). I'm still completely shaken by the emotional impact (and also still unemployed after quitting my job to take care of her), but the money I inherited was worth the career sacrifice.[/quote]
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