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[quote=Anonymous][quote=Anonymous]I manage my mom's finances (dementia) so yes, I know exactly....but she has always been very open so I knew a lot before. I am responsible for her care now, and its good that she can afford a very high level of care.

My dad is fairly secretive, but what I do know is that when he remarried he jointly bought several expensive properties with his wife and doesn't have much separate anymore; she is independently quite wealthy and has a family large trust that does not go to him even if she dies first (unlikely because she is much younger and healthier).  Their joint properties go, I assume, to the surviving spouse but he's never said anything one way or another. He  did disclose that he plans to leave each grandkid 20k which is nice, if not life changing (maybe help with buying a car or something).

I am very fortunate that neither of my parents need (financial) support in their old age.

DH and I plan to ensure that we do not burden our kids with care needs, we also pay for college and if any left over, help them get a good start in life. I don't know if we will be able to leave them much, after that, but we will see. More to the point of this conversation, we plan to be open with them about everything, we have already started telling them the broad strokes (not amounts) and will get more granular as they get older.[/quote]

How much does a very high level of care for dementia cost? [/quote]

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