Parental maintenance - Do children have to pay for their parents' care costs?
If one of your parents has to move into a care home and your financial resources are no longer sufficient to cover the care costs, you and your family will be faced with the question of your obligation to support your parents. Since January 1, 2020, the income limit of 100,000 euros per year has played a decisive role in this. Our magazin offers you guidance on the topic of parental maintenance. Learn more about the conditions under which parental maintenance becomes relevant, how it is calculated and which parts of income and assets are protected. This should help you to make informed decisions in this challenging situation. What does...