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Reply to "Do you help financially your in-laws or parents?"
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[quote=Anonymous][quote=Anonymous]My MIL is retired, lives by herself. Her house is an a really bad shape. She's had some things fixed here and there, but it needs a lot more work. She doesn't have the money. DH and siblings have done a few things for the house over the years - painted it, replaced the carpet, built a new storage shed, etc. But lately my SIL has been making a lot of effort into fixing it up. She (my SIL) refinanced her house and redone MIL's kitchen and bathroom. Now she wants to replace the siding, but is asking other siblings to split the cost. It's several thousand of dollars. We're doing ok financially, but not rich, if we come up with the money it will come from our emergency savings or savings for DH's new car. On the other hand, DH feels guilty if he doesn't help and MIL's house does need repairs. Have you been in similar situations? What to do?[/quote] Haven't been in that situation - yet. But it could happen at any time. No evidence presented of the MIL being a wastrel, so if the siding is really needed, then you need to pony up your share. Buy a new "used" car instead of a new "new" car. It's all part of being a good child and taking care of your parents as they age. You just need to buck up and do what needs doing. [/quote]
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