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[quote=Anonymous]I agree with pp, this needs to be a sit down discussion among the siblings.  You need to come up with a long term plan.  Also, does she have long term care insurance?  Probably not?  So who will care for MIL then. In my grandmother's case, we sold her house when she went into long term care, and it paid for a few years of very nice care, and, when the money ran out, the siblings split the rest of the long term care costs among themselves.  I know that it wasn't cheap, and it would have been really hard for them to cover the costs for years on end, especially as this timed up with college for four of the grandkids.  Perhaps instead of spending on the house, you could look into whether long term care is offered through one of your jobs (that's how we pay for it), and offer to cover that.  In other words, make an investment into her future.

The insurance issue is a real problem -- perhaps offer to help that.

Bottom line though, do not deplete your own emergency savings.  Take it from my personal experience.  My mom got very sick, and between her illness and our preemie baby, we went through a huge chunk of our emergency fund.  Here we are a few years later and we have not been able to build that fund back up to where it was.  It is just too hard with kids and expenses, and we are really trying.  But, it was a lot easier to save when we didn't have childcare costs, etc.

In terms of do we help out, sure in a real emergency.  When my mother unexpectedly got sick, she could not communicate with us.  We had no access to her funds, nor did I want to take them without her knowledge.  I am an only child, so we just made sure that the bills get paid while she was unable to do so.  [/quote]

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