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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]OP make sure you and your husband do not mention that costly daycare ends in the fall! Aftercare and camps during breaks really adds up. Kids bring other expenses and you need to be saving for retirement and college. Do not give up your own family’s needs so that FIL gets to keep his cabin. His bad financial decisions are his debts not yours. He may need to find low income senior housing and not go live n his dream cabin or the house he already sold. [/quote] DH and I discussed this last night: How would FIL possibly pay for MIL's care? We also discussed whether FIL would ever be able to sell his home. We wouldn't be able to buy a second home at this point. Even if we were financially able to do so, it wouldn't be FIL's home. We saw firsthand that FIL does not leave properties he sells. Other family members use the home for vacation when FIL is out of town. We would deal with additional family members using the home and paying for extra water/electricity/etc. DH was a hard no on this. I wish DH could worry about his Mom and spend quality time. DH needs to support FIL emotionally more than his mom at this point. [/quote]
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