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Eldercare
Reply to "Supporting parents/in-laws financially in old age"
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[quote=Anonymous][quote=Anonymous]My FIL earmarked $250k for “long term care” about 5 years ago, age 70. He asked if we wanted or needed anything before he locked this cash away in some sort of bank account. We declined. Now MIL got a dementia diagnosis and there’s no plan in place, other than the saved money. They are still in their large 4 BR, multi-level home, packed quite literally to the rafters, 4 cars and a little-used vacation condo 300 miles away. I’m not swooping in to help someone who refuses to help himself and fails to plan.[/quote] What sounds bad here? They have money, and assets to liquidate. Not sure why you'd have to help.[/quote]
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