UnThreaded | Threaded | Whole Thread (10) | Ignore Thread Prev | Next
Author: MetroChick 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 308557  
Subject: Re: Mom and Dad update Date: 1/11/2014 9:47 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 4
Dad can not afford to put mom in to assisted living center on a permament basis. Dad would be out of money completely and not be able to afford the house. The decision to mom in assisted living is dads its his money.

Are you sure he's really looked into it, as from my mom's AARP magazines, it seems to be eligble for medicare/medicaid to pay for assisted living, the house value is safe, but 1/2 a couple's assets would have to be spent down first to "count" as the spouse's share who needs care. If your mom was in assisted living, your dad wouldn't need a whole house to himself. And if they're depending so much on you, it's not really just your dad's choice.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (10) | Ignore Thread Prev | Next

Announcements

TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
Post of the Day:
Apple

Apple and Ninety Years Ago
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement