We have lived 35 years in same moderate house, paid it off, saved money by not going on holidays etc. Live on fixed retirement pension income. With the prospect of memory care looming I’m very worried about affording such high monthly expenses. If I become disabled, (probable blindness) I’ll need assisted care, too. We plan on staying in our house and growing old together for as long as possible. His kids are all very well off and live across the county, with spouses and grandchildren of their own. Son is attorney and wrote hubby’s Will leaving me nothing but money I brought to marriage and a reduced pension check. I could not afford to live in assisted housing but not eligible for Medicaid as pension recipient.
I want hubby to write a new Will leaving his wife (me) the remainder of his estate after bills are paid. Am I wrong? Kids have never lived with us and have never contributed to our cost of living in any way shape or form.
Hubby is in 80’s and I’m in 70’s. Both have excellent health except for Alzheimer’s and glaucoma and osteoporosis. Longevity on both sides (Mom is 101 and living at home).
I don’t want a 5 year legal battle over what’s left of our savings when the end comes.