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Author: inparadise Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76392  
Subject: Re: Brokers Fight For Right to Screw Customers Date: 6/17/2014 11:24 AM
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And in your case of the parent making foolish decisions and then you having filial responsibility for them in spite of your efforts to prevent your father from making those decisions, certainly smack of unfairness.

Similar to the IRS, I am not under the illusion that the legal system is "fair," or even logical The judges have to uphold the law whether they agree with it or not. This makes it all the more important to be aware of the laws and how they will impact you.

You can bet that these cases that have gone down in favor of the nursing homes are going to cause an increase in new cases...perhaps even by states looking for the child to pay their parents' bills rather than Medicaid.

I most certainly see the need to protect you and your family, especially now that you are nearing retirement.

Mostly, we need to protect our kids from our future older selves. 3 of 4 of our parents have already passed on, with the one remaining living with SIL and not knowing how to make financial decisions even if she wanted to.

IP
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