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Reply to "What to do with a FTL sibling when parent pass?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I have a FTL sibling turning 60. He lived with my mom for 20+ years after his divorce. He does hold an hourly wage job, but it is not enough to live independently. Two years ago, we started planning for my mom to downsize to senior living. Part of the plan was figuring out what to do with my brother. We sent in many applications for affordable housing for my sibling, both to rent and to own, and finally, we were able to land a very nice unit in a fairly upscale condo complex, and helped my brother move out. Think of the support akin to helping a child apply for and leave for college. My sibling hasn't been "diagnosed" with anything, but he comes from a generation in which many health issues were not acknowledged. I suspect ADHD, anxiety, and possibly ASD, just based on the rest of the family's history, so I try to provide support with that in mind. With his job and eventual SS, he should be able to live independently.🤞🤞 It's good that you are thinking about this now. Good luck.[/quote] Who pays for his new unit and how much?[/quote] We all agreed (mom + my other sibling) that mom would "lend" my brother the $$ to purchase this condo (less than $100k part of affordable housing program). He pays utilities + low HOA dues, which are covered by his current job, and eventually SS. The "loan" will be subtracted from my brother's share of mom's estate (if there is anything left to distribute when she passes). [/quote]
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