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Eldercare
Reply to "Can I charge my hourly rate for helping parent?"
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[quote=Anonymous]$80 an hour is excessive. If I were your sibling I’d want to hire someone at 1/3 of that rate, which is in line with the going rate for taking care of an old person. I have a dedicated credit card in my name that I use for all my mom’s expenses and I pay it out of her account. My sibling is aware and onboard and I’m transparent, he knows he’s welcome to audit me at any time. I also pay her memory care rent with a Bilt credit card so I can get points for the $12k a month she’s charged. [/quote]
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