I absolutely do not want my daughters having the burden of caring for me.
I would rather tell them that I desire to find an appropriate place to live out the rest of my days on this earth.
I feel that I would be happier being independent, not relying on them. I also would have joy knowing that they would be free to live their lives as they choose.
I hope that I have all of my faculties so they won’t have the burden of making decisions for me.
True, Insurance is very expensive. Out of a lot of people’s budget.
if my kid or grandkid sees to it that i stay in my home , they become the owners of a dam nice home and property . they will have earned it imo .
it aint always that simple but many times it is . a fellow i used to work with was btchn about his mothers assets disappearing in only a couple years of institutional care . there were 5 kids in his family yet no one could take care of mom ? must not have wanted the assets very badly .
I personally want to be placed in a facility if I can no longer care for myself, and plan to make provisions for that in the estate planning process if possible. I want to spell our wishes out in writing for the kids, and have a plan in place to take as much of the load off of them as we can.
Yeah, we have not checked into that. I guess we should consider it. Do you have it?
A good thing to have is long term care insurance, so we have it when we need it.
All the best :)