Real Estate Question

[minnie1928]

You can take a horse to water but you can't make it drink! How do you get the people you love to make reasonable financial decisions?

The only way I got my parents to make reasonable financial decisions was for me to take over their finances. Now, my parent's weren't fighting me like the OP's are. Dad (who has Parkinson's + Dementia) was mentally losing his capacity to make decisions, mom (still healthy) was scared out of her wits. Fast forward several years--->mom's financially in the best shape she's ever been (still not good though, pathetic actually considering her age) and dad's in a nursing home. Meanwhile, I still control mom's purse strings. ALL her financial decisions are run past me first. I balance her check book, fill out medicare forms, help decipher her retirement package, etc.. While this has certainly helped her financially, our relationship is no longer one of mother & daughter. The toll this responsibility has taken on me and my family is rather large.

If they are the kind to blame those that have given them advice (and they took it), then stop offering it. Let them make their own decisions and let them learn from them. Stay clear of the whole mess if you can.

[gk advocate]

That's a nice analogy..

It sounds like the 'powered butt syndrome', where the parent is not going to listen to someone they used to change diapers for.