My family and I are in need of some advice and support. Two years ago, my mother-in-law unexpectedly committed suicide. We were shocked and pained, naturally but also blindsided by the funeral costs. She didn't have any money saved up and was only living off money she got from the government. We have savings but pretty much live pay-check to pay-check. My sister-in-law, was fresh out of high school with no savings. It took alot. Since then, my sister-in-law was left with the task of caring for my grandmother-in-law, who is now blind and has had many visits to the hospital as of late. According to my sister-in-law, she's basically given up. She doesn't eat most of the time, she can barely get around and she just sits around. On top of all this, my sister-in-law also has a 1 year old. The only money she gets is from the government paying her to take care of her grandmother. We love just over 2 hours away and try to help as much as possible but we're not sure what to do now. Should and can my sister-in-law get life insurance on her to cover the funeral costs? Should we really look into Hospice to give my sister-in-law a break? We've never been through this and really, have no family to ask. Any advice would be appreciated greatly!
Hugz to your family and hang in there.
You can probaly get a burial policy...not much ...but highly doubtful on the life insurance unless you pay very high premiums and probaly a 2 year exclusion.Again talk to Hospice, her doctors they might give you some insight on how long she has left. Was grandpa or grandma in the service? The VA will help with burial expenses at a VA cemetary- burial or creamation.
Does grandma own her home and does SIL live there?.....can you sell the home or rent the home for income to pay expenses if it look like grandma will be around awhile or get a reverse mortgage on the home for income to pay expenses and help with other caregivers? Maybe to help with costs or move them closer to you so there would be 3 people to help intsead of just one with a newborn ?.Just a few thoughts...good luck and hugz..
You mentioned that your sister-in-law gets money from the government to take care of your grandmother. Curious what program that would be.
This granddaughter must be pretty young and shouldn't be saddled with a sick old lady. Hospice will give her some respite.