The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Buying Second House for Parents||Date: 10/30/2013 1:05 PM|
|Author: irasmilo||Number: 119422 of 121256|
At the time of the writing of this article, 30 states required children to provide support for indigent parents.
Are you talking the filial responsibility act?
I don't know. The author mentioned that there were 30 states that had some such law. Since the article was several years old, I added the caveat that the number was as of the date of the article. I don't know the specific nature of the various laws nor whether there have been any changes in number or application of such laws.
As I stated before, is someone thinks that this issue has relevance to their situation, they should find competent professional counsel to advise them.
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