whatdidyousay!
Well-Known Member
- Joined
- May 19, 2009
- Messages
- 29,358
- Reaction score
- 808
Personally, I would never leave my children debts to pay. Very wrong in my opinion....I remain debt-free and will stay that way...and if there are any debts owed if I should pass unexpectedly...then my estate or personal finances will take care of it.
I do know it's hard for some people not to ask their children for help!....Sometimes it cannot be avoided....but feel that we, as mature adults should not leave our children debt-ridden. And I have never-ever asked my children for anything, especially $$ or to pay my Medical bills.
I heard of one elderly gentleman here in Jacksonville...who had to go into a Nursing Home and they took his whole Social Security check, minus $30 (for himself) each month....
Nursing Homes are expensive, but some do accept patients on their ability to pay.
Do you know if that elderly person has food served for him or does he have to use that $30 for utilities, food, etc?
I heard of one elderly gentleman here in Jacksonville...who had to go into a Nursing Home and they took his whole Social Security check, minus $30 (for himself) each month....
Nursing Homes are expensive, but some do accept patients on their ability to pay.
Hubby and I have long-term care insurance.
My elderly neighbor became a widow three weeks ago. She is selling her house and moving to Massachusetts, to be near family. She's been checking into assisted living apartments. For a 500 sq. ft. one-bedroom apt., it will cost $6,000/month. It looks like she will have to downsize even further to a smaller place, and not get the assisted living care but get the independent living instead. It will be quite a change from about 2,200 sq. ft. house.
Hubby and I have long-term care insurance.
My elderly neighbor became a widow three weeks ago. She is selling her house and moving to Massachusetts, to be near family. She's been checking into assisted living apartments. For a 500 sq. ft. one-bedroom apt., it will cost $6,000/month. It looks like she will have to downsize even further to a smaller place, and not get the assisted living care but get the independent living instead. It will be quite a change from about 2,200 sq. ft. house.
She wants to maintain her independence for as long as possible. Also, she wants a residence that includes fellowship with others and activities. She doesn't want to become a cat lady sitting home alone.:jaw:
I guess living with a family is out of option?
I heard of one elderly gentleman here in Jacksonville...who had to go into a Nursing Home and they took his whole Social Security check, minus $30 (for himself) each month....
Nursing Homes are expensive, but some do accept patients on their ability to pay.
The $30 dollars are for his own personal use....he is a friends father