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[quote=Anonymous][quote=Anonymous]My widowed friend sold her large house, and jointly bought largish homes with her two kids in a good school district. She has an independent suite in these houses and name on the deeds as co-owner. She takes turns living in each of these homes. She does not have to care about the maintenance of the home, grounds, utilities etc. She has become a minimalist. She has her own space, she has enabled her kids to buy homes in good school district which they could have not done on their own at a young age, she is close with her grandkids, and she has given her children their inheritance and a leg up while she is still living. [/quote] What happens when your widowed friend starts deteriorating physically and mentally? How minimalist is her home care going to be since the money is locked in the kids’ houses? One of my mom’s friends did something like that. It was great until she needed help with basic daily living. Surprise, neither of the kids wanted to do it, and they didn’t feel like giving back part of their “inheritance” to pay for an aid either.[/quote]
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