Quote Originally Posted by Blueberry View Post
... What worries me are the filial support laws. They aren't heavily enforced now - but with the elderly population growing rapidly and fewer having the means to take care of themselves, I fear their enforcement will become more commonplace. Could conceivably make it impossible to save for retirement.
Agreed, we were very concerned about that in IL until I checked with a lawyer and found out there were no such laws/requirements there. My mom and dad lived large and when my dad died at 74, my mom was stuck with a refinanced 30 year mortgage with 26 years still on it (who gives a couple of 70 year olds a 30 year mortgage!!!) and over $55,000 in a second on their motorhome. They carried ridiculous debt and there was no way I wanted to get stuck paying for her bills when she was gone. We don't have debt, so at least we learned a valuable lesson from them.