GladToBeFree
Dryer sheet aficionado
- Joined
- Oct 7, 2007
- Messages
- 34
My wife's aunt (by marriage to her uncle) is starting to decline due to dementia. She has a couple of whole life insurance policies. She is needing income to pay for care now. ,
No one in her family wants the responsibility of a power of attorney. My wife is the only one who really is interested in helping her. Her blood relatives do not want to step up to helping her. She has some assets so she can pay for her care for a while.
Question is how to best cash in the whole life policy so we get some funds to support her without leaving anything for the undeserving family.
No one in her family wants the responsibility of a power of attorney. My wife is the only one who really is interested in helping her. Her blood relatives do not want to step up to helping her. She has some assets so she can pay for her care for a while.
Question is how to best cash in the whole life policy so we get some funds to support her without leaving anything for the undeserving family.