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Reply to "Send Mom to nursing home? "
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[quote=Anonymous][quote=Anonymous]My dad died about 10 years ago and my mom's health was run down from caring for him. She went into assisted living and we've been doing that for about $11k per month. Their savings are all gone and the proceeds from the house are all gone, so she is moving to a county-run facility where she can stay until she dies. In the end, it's all just gone. [/quote] Yes, alas, that's how it plays out. I tried to do everything I could to save something from my parents for my siblings, but it just wasn't possible. It's unfortunate because the people who would most benefit from an intergenerational transfer of wealth are the least likely to receive it. [/quote]
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