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Eldercare
Reply to "Family Member Moving in as Caregiver - Exit Strategy?"
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[quote=Anonymous]I agree this situation doesn't seem to make much sense, and may end in drama or even other complexity if your aunt has nowhere to go in the end, late in her life. It would be more straightforward for your mom to go to assisted living right now, and just pay that $10k per month, or $6k per month, right away. Instead, it seems this is set up for a bad scenario. You seem to begrudge your aunt's spending, even before this arrangement starts. It is further confused as what you've written suggests she would be technically unpaid, yet get to spend your mom's money. You should consult a CPA and be clear as to what is being paid to your aunt, and what is she expected to do, and the duration of this arrangement (reevaluate every month, quarterly, or every 6 months).[/quote]
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