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Eldercare
Reply to "Would you charge your parents rent to live in in-law suite?"
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[quote=Anonymous]I would charge "rent" & put it in an account for the future. If down the road, mom/sibling screw you over you won't feel so taken advantage of. I am 1 of 4. Mom complained money was "tight" so I would give her $300-400 EVERY mo for over 10 years, after Dad died.( PLUS cash gifts or bought her major appliances for Mother's Day, b-day, or because something broke). After she died, I found out she took my name off as a co-beneficiary on Dad's 401 k & then gave me a 10% of the "estate". (with the other 3 siblings getting 90% & my children getting nothing if I had passed). I had no idea she would do such a thing. I felt I loved my mom & didn't want her to worry (& I am NOT a wealthy person) . Apparently, she felt because I had more than my siblings, she justified her her actions to my siblings. (who never gave her any financial help). The real problem was that my spouse was unhappy with my decision all of those 10 years . I fought with my spouse and my mother (& my siblings, who knew everything) screwed me over. [/quote]
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