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Eldercare
Reply to "Compensation For Caregiving"
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[quote=Anonymous]BEFORE your MIL moved in you need to tour and price memory care places which will probably be 12,000 a month. Then also call a home agency to ask how much 24 hours of care is 7 days of week. Plus how much a maid is who can wash and cook for MIL plus how much rent people charge for a 1 guest room. Then your wife needs to call her sister and explain these are the options. Does she want money from the estate so the mother lives with her? Or is she fine with your wife using that money to house their mother. Do not go into this decision lightly. It is life altering and will affect your relationship with your wife. It will be hard to spontaneously go on a trip, have friends over for dinner, have a quiet meal together. Your MIL could last ten more years. Do you want that level of responsibility for 10 years? You need to plan now. Maybe you do a year then MIL goes into assisted living. [/quote]
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