Reply to Paying FIL's mortgage on a property that I don't wish to own

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[quote=Anonymous][quote=Anonymous]Sounds like a situation where your DH is not going to listen to you; he is tied up in his own emotions and his own thinking about this whole mess. He does not even realize that no matter how much cash he pours into this house, it has no effect on his inheriting the house unless his dad's will LEAVES him a substantial part of the house or DH is listed on the mortgage. DH needs a big reality check.

Would your Dh listen to a professional third party if he won't listen to  you? Some people will actually pay more attention to an outsider, if that outsider is a professional, than they will to their own spouses. I would seriously look at getting a financial counselor with some mortgage experience and housing market experience to advise your DH (maybe see this person yourself first to lay the groundwork!). Your bank probably has someone on its staff who can do this for you and it should be free if it's through your usual bank. Go and ask if they provide financial counseling services to regular customers; ours does. [/quote]

This is great advice.  Thanks so much.  I definitely think its time to invest in some estate planning at FIL's bank the next time we visit.  Maybe the hermit brother could join them...

Thanks to everyone for their input.  This is a kooky scenario and the outside perspective is very helpful.[/quote]

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