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Eldercare
Reply to "MIL is asking for money..."
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[quote=Anonymous]Don't do it. Right now the crisis is her lifestyle choices - save funding her until it's an actual crisis. At 85 years old, she will likely at some point in the near future have increased health and care needs, which are very expensive and sounds like she definitely won't be able to afford herself. However, I would suggest DH and his siblings definitely use this as an opportunity to get more information about her finances. Do not give any $ without his getting a full look at her finances and spending. As others have mentioned, increased care and nursing home level of care can run more than $5k/month - so really DH needs to start looking at the very likely financial challenges MIL could face in the future if she needs care (and she has no savings to support).[/quote]
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