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Reply to "FIL divested assets and now has no way to pay for MIL's nursing home care."
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[quote=Anonymous][quote=Anonymous]What were the details of the sale of their house to BIL? I don’t understand how they sold a house 3 years ago and have less than $50k in savings. Just how far below market price was the sale? Why would elderly people with modest savings think they could give $125,000 away? None of this makes any sense.[/quote] He probably got some cash from the sale and thought the $125,000 discount would guarantee continuing right to stay there. Also he may have indeed been trying to hide assets. [/quote]
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