Reply to Poll about parents and in laws & money

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[quote=Anonymous]MIL:
[quote=Anonymous]1. Do they babysit at all for your kids? How many times a year? [b]Yes. Probably 1-2x/month for date nights or errands or whatever gaps come up. The kids also hang out with her when we're just home and they just want to hang out with her or her with them.[/b]
2. How many times do you visit them a year? [b]She lives with us, so every day.[/b]
3. How many times do they visit you a year? [b]See above.[/b]
4. If you fly.. Who pays for their plane tickets if they visit you? [b]If she lived far away we would probably split the expenses but she'd end up moving with/near us.[/b]
5. If you fly.. Who pays for your plane ticket if you visit them? [b]n/a[/b]
6. Who general pays if you eat out or do an outing? [b]Depends on who suggested the outing and who comes. Sometimes MIL treats, sometimes we treat, sometimes we split. When other people are involved we split and she pays for herself plus SIL and sometimes others.[/b]
7. Do you borrow money from your parents? [b]No.[/b]
8. Do they borrow money from you or do you assist in any of their month to month expenses? [b]Nope although we do subsidize MIL's lifestyle since she's paying way below-market rent.[/b]
9. Do you have savings benchmarked to care for your parents as they age?[b]Nada.[/b]
10. Do you plan to take your parents or in laws in as they are aging if they are in a position they can no longer live alone and have your discussed with spouse? [b]MIL lives with us although she's perfectly healthy. Just not financially savvy and doesn't want to be alone. But she's very helpful, otherwise this situation never would be.[/b]

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My parents:
[quote=Anonymous]1. Do they babysit at all for your kids? How many times a year? [b]No, never. They could never handle it.[/b]
2. How many times do you visit them a year? [b]Zero. They live across the country and we can't stay at their house.[/b]
3. How many times do they visit you a year? [b]One or two times.[/b]
4. If they fly.. Who pays for their plane tickets if they visit you? [b]They do.[/b]
5. If you fly.. Who pays for your plane ticket if you visit them? [b]If they decided they reeaaalllyyyy wanted us to come visit, I'd consider accepting some help from them, but it wouldn't necessarily be a requirement. Depends on the situation.[/b]
6. Who general pays if you eat out or do an outing? [b]Usually me. Occasionally they pay or split the cost.[/b]
7. Do you borrow money from your parents? [b]No.[/b]
8. Do they borrow money from you or do you assist in any of their month to month expenses? [b]Nope.[/b]
9. Do you have savings benchmarked to care for your parents as they age?[b]Nada.[/b]
10. Do you plan to take your parents or in laws in as they are aging if they are in a position they can no longer live alone and have your discussed with spouse? [b]I would never let my parents move in with me. I think they will end up in Medicaid facilities. They refuse to discuss future plans so not much I can do. [/b]

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