Reply to Less successful sister is acting like she's the de facto owner of dad's beach house

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[quote=Anonymous][quote=Anonymous]You have to talk to your father about what his intentions are with his properties and financial assets.

Depending on his age and his health, he may have to use up a lot of his assets if he needs something like memory care for dementia in a nursing for many years.  So it’s possible that neither you or your siblings will be inheriting the beach house (or much else), if it has to be sold to pay for nursing home care or round-the-clock home health aides and medical bills.

Don’t live your life so close to the financial edge where you need an inheritance to pay for your lifestyle. You sound desperate for the money.

[/quote]

This. Having just gone through this with a parent, a million dollar asset can be gone in a few years if you need quality, skilled round the clock healthcare. In this day and age, anyone beyond a multi-multi millionaire counting on an inheritance is really taking a gamble. Fund your own life style and don’t count on anyone having anything left for you.[/quote]

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