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Reply to "Parents wanting to leave $1M home to sibling"
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[quote=Anonymous]There seems to be a foregone conclusion that there will be money to leave. Don't underestimate the cost as your parents age. If the $1,000,000 house is the bulk of their assets, they can run through that really fast. My DH parents pay $ 225,000/year for round the clock caregiver (not a nurse) in their home. I would assume that much of the money will be used for their care.[/quote]
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