My 90+ year old parent now lives in my home with a private suite and access to our entire home. They offered to pay me the same amount they paid for their independent apartment in a retirement community, in return for 24/7 care (all food, cooking, etc). Yes, the elderly parent can afford it. My sibling is furious and thinks I should do it for free or little to nothing, and keeps telling the elderly parent I'm "controling" them - which is not the case. It is causing friction even though the sibling does not want the responsibility and suggesting these monies be "deducted" from the estate when the elderly parent dies.
The amount I am accepting is less than what was paid for the apartment and $3000 less than assisted living.
Any thoughts out there?