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Reply to "Do you help financially your in-laws or parents?"
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[quote=Anonymous]We contribute $300.00 a month to my MIL on a monthly basis for over 6 years. We also provided the downpayment for her house and split the cost with a BIL for her last used car. I am sure that we will be undertaking at least one major renovation in her house in the next few years. My DH has 4 siblings yet we are the only consistant contributors. The house, although we made the downpayment and have made a few payments prior to the $300.00 a month contribution, is not in our name. Frankly, I don't care. My view is that the $300.00 a month payments will ease my conscious when his mother needs to live with someone and I say - "Not here, we have done our part." However, I was raised in a family where my mother and uncles all did a massive renovation of my grandmother's house, bought her several new cars, and currently pay for her live-in help (she is 95). I was raised to be thankful that my MIL raised a man that I thought the world of - enough to marry. I can not thank her enough for turning out such a wonderful son and I would not begrudge her in her later years of the "fruits" of her labor. No we are not rich, we budget it in like a car payment. I don't need lattes from Starbucks. I am not going to let mercenary feeling regarding who gets what after someone dies or goes into a nursing home stop me from doing the right thing.[/quote]
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