Here's where many of us get bent out of shape. Mom or Dad or both have saved money forever for their old age. They have a home and a healthy savings account. All of a sudden they can no longer take care of themselves and have to go to a nursing home for care at a cost of about $5,500/month or $65,000/year. It doesn't take long for all on their wealth to be gone. The big problem is with the children that believe this money is theirs and are expecting to inherit a lot from the parents when they die. Keep in mind, the parents wealth is for their support in their old age not a gift to the children. If parents want their children to have their wealth, they should make arrangements to give it to them 5 years before they get 'OLD'. When parents get 'old' and need to be admitted into long term health care, and have no assets, medicaid will take care of them. All you greedy kids out there should check into this.