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Money and Finances
Reply to "Parents out of money at 75"
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[quote=Anonymous][quote=Anonymous]They won't be able to manage going forward. There will be other repairs, other things, other issues. They do not have enough money to live on. Sell their house. You can use the money to have them move in with you or buy a new place that affords everyone's privacy if your house isn't accommodating for that - and if it's not, go the new house route. No, you aren't going to bill them. That makes little sense, and their house doesn't have enough equity to continue this sort of transaction going forward because there will be more issues. If they are employable, they can get part time jobs. Other than that, no, you have to cover this bill and make arrangements for the future. Sorry, OP. It is what it is. [/quote] +1 Agree with this. You may have to buy a new house in a cheaper place with extra rooms to accommodate everyone. Sorry OP, what a mess. [/quote]
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