Reply to Is it ethical of me to cut off my 75 yo sister financially?

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[quote=Anonymous][quote=Anonymous]Don’t sign the home over to your sister, OP.  She could then willingly sign it over to this woman or be coerced to do it. I have a 60 year old sister who is mentally ill, also does not drive, and cannot be trusted with more than her disability payments.  Unfortunately, she will end up on the street if left to her own devices, preyed upon by those who realize her condition. My siblings and I have basically decided to let her live in my parent’s deteriorating house because none of us can handle her living with us. When she lived in apartments, she would end up calling the police on her neighbors or letting the condition of the place deteriorate to the point where her landlord refused to renew her lease. We will pay the property tax, utlities, insurance and food but she has to come up with her other expenses.  She gets food stamps, state healthcare and disability.  The house will continue to deteriorate but it is already 70 years old so we figure when she is no longer able to live there, we will sell low to a developer who will raze the building and its cluttered contents. It’s sad and stressful but beats all the alternatives. [/quote]

My MIL had dementia and we didn't know.  A woman took advantage of her and had her sign over her assets including a car and other things and it was a nightmare when we went to apply for medicaid.[/quote]

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