Reply to 69, zero assets, social security is not enough

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Reply to "69, zero assets, social security is not enough"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Legally, the law doesn't allow us to completely abandon our parents in their old age. The doesn't obligate us to a lot but we can't 100% walk away.[/quote]

And which law is that, legally?  They vary widely by state.  And generally there is no requirement unless you are referring to the 5 year look back period for Medicaid.

Many states have filial support laws but on the whole they are expensive to enforce and generally only used when a long term care provider discovers you were hiding / obscuring money.  Then they’ll pursue you in court to get their bad debt paid off.  If there’s nothing to begin with the government is going to sue you to compel you to pay a parent’s rent.  In fact, some states have NEVER enforced them.  [/quote]

For the pps that are so confident- please share links to cases of filial support laws being successfully prosecuted that didn’t entail a previous significant transfer of funds from a parent to an adult child.[/quote]

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