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Reply to "MIL is asking for money..."
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[quote=Anonymous]OP here - my husband and I have been talking this through and are considering pooling resources and chipping in some savings that we can afford to put "on hold" for a few years to buy a one-bedroom condo that MIL can live in. When she passes away or can't live on her own anymore, it will be sold or kept as an investment property. This is all contingent upon (a) convincing her to move to our area, and (b) agreement among the brothers. Of course, moving her down here is another can worms... Once she can't drive anymore, and needs more care, she will be become our responsibility. I'm not willing to pay for care - we will have to get her on Medicaid - but all the coordination and oversight will fall to me. And I already have my own aging parent (with actual health issues, while lives locally) to look after.[/quote]
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