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Reply to "Inheritance debacle. WWYD? "
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[quote=Anonymous]I think this inheritance has the potential of being more of a burden than a gift. I would sell the house, unless you plan to let Mary live there. I would definitely ask her to pay rent. If you sell, you may not get market value if there is a lot of deferred maintenance to catch up on. There is a reason homes sold as estates usually go lower than comparables in their neighborhoods. I also agree with the suggestion to hold a family meeting with an objective outsider. Its too bad Thelma did not have more foresight to see the awkward position this puts the OP and Mary in.[/quote]
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