Dear Penny: I Want to Help My Elderly Parents by Buying Their House

Dear Penny: I Want to Help My Elderly Parents by Buying Their House

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In my view, all four daughters should help their parents by contributing equally. If my wife does not agree with me and wants to go out of the way to provide financial support just on her own and not including her sisters, I think that is unfair. Obviously, every household, culture or person is different. I would welcome any opinions. Reply

If I, as an adult child, provide the care, can I spend some of my parent’s money on hiring substitute or respite help so I can get a break from time to time? Would it be better for my parents to pay me to be the caregiver, or is it better to hire from outside? If we want to hire someone, should it be through an agency or should we hire privately?

My parents enjoy the company of their 3 grandchildren very much. My parents also need to take care of my elderly. my mother has been staying in the same house.

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This guide is about finding home repair help for low income families.. There is also an organization called Adult Services for Aging, their office is usually connected with the Department of Social Services (Welfare Office.). I need help with my mom’s house, it’s falling apart. She can’t.

Dear Moneyist, We have a family dispute regarding a sister who has lived with and cared for our elderly and failing parents for nearly 10 years.. mother to gift her the house but my brother.

Dear Penny, My husband and I live in Florida and are paying a mortgage on our home. We want to help my parents out by buying their home in Maryland to help them pay off their debt. They will live.

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