The monthly cost for a Memory Care home is $4200. We would like to charge dad $3000 a month for care in our home. Is that acceptable?

Campbellgirl44, by your unkind answer, I can only assume you must be a full time 24/7/365 caregiver who does not receive any compensation for your care. I hope that you allow happiness & compassion into your heart otherwise not only you but most importantly the person you care for will suffer. Being a martyr solves nothing.

It sounds reasonable to me. Are there any siblings? Will this be acceptable to them? Since we never know what the future holds, I strongly urge you to draw up a contract to spell this out. Is he still legally competent to make decisions?

To me, the notion that Dad's assets should be preserved until he dies and then passed on as an inheritence is absurd. His money is for his care, as long as he needs it. He can afford to pay for it, so why shouldn't he? Better to keep it in the family, assuming he is truly getting his money's worth of great care.

Sounds like Dad is very lucky to have you, and to be getting such personalized care.

You are going to charge your father? Maybe a home would be a better solution!!!