The Moneyist: My dad is moving into a condo with his ‘lady friend’ — will he have to deplete his savings to pay for her health care?

The Moneyist: My dad is moving into a condo with his ‘lady friend’ — will he have to deplete his savings to pay for her health care?

Dear Moneyist,
My dad is downsizing and moving into a condo before marrying his lady friend. He has told my brother and me that he wants her to live out her life in the condo should he pass away before her. That shouldn’t be a problem if neither of them requires nursing-home care, but what if either of them does require such care that exceeds their savings?
If her name isn’t on the deed to the…

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