My mother-in-law is terminally ill. She is 86. Maybe she has 3 months left, maybe she has 3 years nobody can answer that. Her husband died a long time ago. Right now, she is well, but is strongly suspected she has lung cancer. They want to do a biopsy. Problem is, they have come out and said 50/50 chance that will kill her. Even if they figure out what type of cancer, etc, how much can they do for an 86 year old? Last year, a friend of hers at 82 was diagnosed with lung cancer. They started chemo and it was very hard on her. She died about a week after the 2nd treatment, so what was the point?
Anyhow, my mother-in-law immediately decided she wants to give all her money, all her assets to a nursing home and move in. This is not very well thought out, but typical of her, she is very impulsive.
She has more assets than any of her three children, probably more than all three combined. I will not deny my wife would like to inherit some money.
My mother-in-law has never thought much of me, I am a "stupid" eastern European. When I married he daughter 20 years ago, I could not speak English that well. I did not have a very good job. I was a delivery driver. I was mauled by a dog making a delivery. We settled for enough to put about 40% down on a modest home in 1999. A month ago, we made the very last payment on it. It wasn't easy, but we have no mortgage. It is a good thing, I've only been working 4 days (30 hours) per week for 3 years now.
Added (1). I have suggested my mother-in-law move in with us. I could take care of her Wed-Fri, because I work Sat-Tues. Her daughter works Mon-Fri. We have no children. We have plenty of room. We could get help for her the other 2 days, when she needs it. She doesn't need any help now. She makes it clear, she thinks I am stupid and weird, because I am Czech. Shje'd rather throw away everything she owns for 2nd rate care from strangers. Why?
Read more: Why are Americans so eager to give away their family's money to a nursing home?
