Quote from Morutea:
Hello all,
It is my first post
I want your thoughts on this:
Do you feel that because your parents may have supported you when you were younger, that you "owe" it to them to support them now?
(Pay the bills they run up etc, just because they did it for you when you were younger and unable to work)
Thanks.
You are very vague and left out a ton of info.
Therefore, I agree with what version77 said.
You mention nothing about their age, employment situation, didn't define what you meant by
runup their bills, your occupation, ability to help nor did you explain what they did for you when you were younger or unable to work.
Simply, depending upon that missing info...
I could say No or Yes.
For example, what did you menat by
younger and unable to work???
Are you talking about them raising you from a baby until the age when you were able to legally work for employment?
Are you talking about them paying for your
post university education???
Are you talking about them paying your legal debts???
This is what I meant when I say you didn't include some critical details.
Also, do you have siblings and what's there financial situation???
Just be careful, if they need help (depending upon what type of help it is) and you say NO.
I've met some people that have turned around and excluded that person from their WILL and left whatever remains of their estate with another relative or close family friend.
There are many ways you can financially help a relative without physcially giving them cash.
Once again, your question was too vague.
You may just as well said the following...
If a family member gives me a cookie when I was young...am I obligated to give that same family member a cookie at a later date when I'm an adult
Mark