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Reply to "Would you say I am poor?"
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[quote=Anonymous]I am a single woman, who is about to get custody of my 2 year old nephew who adores me because my brother and sister-in-law passed away unexpectedly. Out of nowhere, my sister-in-law's family wants to sweep in and take the nephew to Switzerland and raise him there AGAINST the wishes of my brother and SIL who wanted their son to grow up with me. The Swiss family's whole case is that I am unfit to care for the boy because I am poor. I hardly think I am poor but what do you think? I was an attorney but no longer practicing, make a $110,000 govt salary, have $100,000 in retirement, own 2 houses in NW DC -- one is rental income -- drive 2009 prius, and I guess those are most of my assets. I have $70,000 in student loan debt and $450,000 in mortgage but both properties have appreciated to probably $775000 total. I just can't believe that's not enough to raise a child. Brother and SIL left their estate to their son, including full college tuition, but I hope not to touch it except for college until he turns 21 to get full amount of the trust. [/quote]
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