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Eldercare
Reply to "In-laws travel for medical care. How long is this doable? "
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[quote=Anonymous]My ILs (ages 77) are nearby but fairly recently explained to us that in lieu of long term care insurance they have set aside a “large amount” of money to use towards shared long term care and any foreseeable health care needs. This conversation came up during the holidays when FIL asked if DS needed a loan, or was otherwise cash-strapped (we have a DC in college and recently finished a home renovation) because this lump sum was to go into a bank account. We declined. I’m unsure of the exact amount but I think it’s about $400k. Do your ILs have anything similar set aside?[/quote]
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