What are your options if you have one poorly parent and one well parent?

publication date: Sep 21, 2009
author/source: Kate Faulkner, Property Expert and Author of Which? Property Books
On the one hand this can make things easier, as often, the parent who is well will be able to help make the decisions and they will often want to either stay in the home or move, so it takes renting out of the equation.

Ideally you’ll need to discuss with both parents what they want to do, but it’s important not to rush into anything. Many people making decisions at times like this when stress levels are high, end up making the wrong decision and then incurring more cost later on as they ‘change their mind’.

As a result, it’s important to consider lots of questions and then decide on some options which, ideally, can be trialled.

For example, when you have two parents, one of whom is ill either temporarily or long term, it’s important to think through not only the next few months and the next year, but also what happens when only one parent is left. A hard thought I know, but it’s often what people don’t think through and the consequences of not working this out can incur further unnecessary costs later on.  I know this is hard to do, but some may be better off staying in their own home, others may be better off downsizing and some may be better off moving close to a family member.

Take a look at my last article in this series Top 10 Things to Consider when one parent is poorly or needs care.

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