Thread: nasty situation
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Old 02-07-2018, 10:24 PM   #2
Houston Remodeler
Pondering retirement daily

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Join Date: Oct 2009
Location: Houston Texas
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He can have his father declared incapable of handling his affairs. Easier said than done, esp if mom protests. Take over the banking to make sure the house doesn't go into foreclosure. With that much money they can borrow against the house for their final months. Perhaps a lump some reverse mortgage. Be prepared to lose the house unless he can find someone to fund the medical care for an interest in the property.

Expect to spend $100k per week for ICU, 30k a month for in home care.

These situations never go well. He has my sympathies. BTDT.

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