Reply to Private school vs paying for inlaws extended care

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[quote=Anonymous][quote=Anonymous]I agree with many of the PPs that I admire your attitude on this, OP.  Can you explain more about the difference between the nursing home they can afford and the one you would fund for them?  If they can afford something decent (but maybe not the best), I'm not sure I'd sacrifice my own plans just so they could have the best.  But if the option they can afford is awful, I might think differently.  I definitely agree with your  instinct to help them, I'm just wondering if you can help them slightly less than you're thinking.[/quote]

I agree here.  If it's an otherwise decent nursing home, just not what they would prefer, I think it is best to go with what they can afford.  You can still help out in that situation.

Assisted living is expensive--and assisted living isn't nursing care, either. Rather than blowing through your savings for the fancy place, it might be better to be able to supplement care at a place they can afford on their own.

Another detail: I wouldn't give any significant amount of money without some agreement about a budget for your ILs and possibly some POA over their finances.[/quote]

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