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Reply to "S/O Elder care for parents who didn't provide child care"
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[quote=Anonymous]OP, I think it depends on many factors. A lot could change between now and the time this possibly becomes an issue. I certainly understand your feeling that MIL is selfishly looking for a bail out - funded by you - and not reciprocating. I don't think children owe their parents anything and so I'm saving for the future. I also plan to take care of my parents if they need it. Perhaps you should insist on getting a life insurance policy on FIL payable to a trust or something for the care of MIL. I realize that would be expensive.... Also, would you really want childcare from this selfish woman? I also paid about $12k a year for five years per kid. But they got a worthwhile social and kindergarten prep. [/quote]
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