I'm sure sad stories about the way kids treat their aged parent/s in nusring home are enough to fill the internet. My wife works at a VA hospital and when on the extended care floor she talked about people who had *no* visitors and worse, visitors who would show up on payday - so they could get the parents retirement check - then they'd disappear for another month.
Then there's things like the guy who played Superman - something Reeves - who broke his back while horseback riding and was paralyzed - even though wealthy and he appeared with a seeming loving wife at his side he died from complication of bed sores - a very easily preventable problem caused by spending too much time in one position in bed - typically caregivers will move the patient often to keep sores from forming. We did it with our mothers for a long time and neither developed bedsores. So I'm really at a loss to understand why someone who had the money to have full time caregivers would die from a problem caused by lack of care - but I guess it happens all the time. Too many sad stories. Larry T (66 MGB, 74 911, 78 240D, 91 300D) www.youroil.net for Oil Analysis and Weber Parts Test Results http://members.rennlist.com/oil PORSCHE POSTERS! youroil.net Weber Carb Info http://members.rennlist.com/webercarbs ----- Original Message ----- From: "Bill R" <[EMAIL PROTECTED]> To: "'Mercedes Discussion List'" <mercedes@okiebenz.com> Sent: Friday, March 07, 2008 2:17 PM Subject: Re: [MBZ] REVERSE MORTGAGE > Exactly right. My dad always said he planned to spend his last dollar to > buy and mail his kids cards telling us good-bye and that he was broke. > Didn't quite work out that way, but we always encouraged our parents [and > now my MIL] to enjoy life and spend their $$ on anything they wanted [I > know, many scams are out there also]. Since my MIL lives in an apartment > attached to my house a reverse mortgage is not something she can do, but I > would if I needed it in a few years. Few things got my wife angrier than > kids who would not spend "their money" - meaning the money they were > controlling for their nursing home confined parents - for needed clothing > or > dental work. She even had a family come in and request that she borrow a > slip for their mother to be buried in, and the undertaker could give it > back > after the funeral. She had @ $86k in the bank [back in the 1970's], but > the > kids had plans for all of that $ and couldn't waste it on her. Too many > stories ... my sibs were not like that and I don't think my kids will be. > One advantage of being male with a darling wife 5 years younger: I won't > have to deal with it [probably]. > BillR > > -----Original Message----- > From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] > On Behalf Of LarryT > Sent: Friday, March 07, 2008 1:59 PM > To: Mercedes Discussion List > Subject: Re: [MBZ] REVERSE MORTGAGE > > Hi Bill,, You wrote <<spend their inheritance>> > > I know you used that term to make a point but I've always had a problem > with > > kids thinking they have a right to what the parents worked a lifetime to > accumulate - or parents thinking it's expected. I realize you weren't > using it in that context - > > I think your illustration was perfect. So many older people are sitting > on > $200k-$600k or more depending on location while they scrape by on social > security. Life would be much easier for them if they would look at > Reverse > Mortgages. > > Also, there might still be something for the kids if that's the desire - > once the homeowner no longer needs the home it is sold and the RM repaid - > any proceeds left over go into the estate or to the home seller. > > Most questions are answered here - > http://www.hud.gov/offices/hsg/sfh/hecm/rmtopten.cfm > > Larry T (66 MGB, 74 911, 78 240D, 91 300D) > www.youroil.net for Oil Analysis and Weber Parts > Test Results http://members.rennlist.com/oil > PORSCHE POSTERS! youroil.net > Weber Carb Info http://members.rennlist.com/webercarbs > > > > ----- Original Message ----- > From: "Bill R" <[EMAIL PROTECTED]> > To: "'Mercedes Discussion List'" <mercedes@okiebenz.com> > Sent: Friday, March 07, 2008 1:41 PM > Subject: Re: [MBZ] 126 SD spotted yesterday - REVERSE MORTGAGE > > >> Easy. Say you are a retired person with a life expectancy of 10 to 15 >> years >> and lots of bills and lots of home equity. Do you want to beg from the >> kids >> or spend their inheritance? >> BillR >> >> >> <<<<<<<<<I still can't wrap my head around the reverse mortgage....why >> the >> hell >> anyone would do that.....weird.... >> >> >> Zedic>>>>>>>>>>> >> >> >> _______________________________________ >> http://www.okiebenz.com >> For new parts see official list sponsor: http://www.buymbparts.com/ >> For used parts email [EMAIL PROTECTED] >> >> To Unsubscribe or change delivery options go to: >> http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > > _______________________________________ > http://www.okiebenz.com > For new parts see official list sponsor: http://www.buymbparts.com/ > For used parts email [EMAIL PROTECTED] > > To Unsubscribe or change delivery options go to: > http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > > _______________________________________ > http://www.okiebenz.com > For new parts see official list sponsor: http://www.buymbparts.com/ > For used parts email [EMAIL PROTECTED] > > To Unsubscribe or change delivery options go to: > http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com _______________________________________ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com