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Reply to "Inheritance debacle. WWYD? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I can't see this mom knowingly giving away the roof over her daughter's head... I can see the mom gifting the house to the Op with the hopes that Op take care of the maintenance and make sure that the utilities/taxes are paid until the daughter either moves, dies, whatever. It's possible that the daughter is collecting some sort of subsidy which would be lost if the daughter were gifted the house. That is why Op was gifted the house instead. I would suspect that there is more going on here than meets the eye. Tricky situation.[/quote] Agree. It is extremely rare for an individual to gift large assets to people outside the immediate family. Charities, yes, but individuals, no. [/quote] No it's not. It's only unusual to those of you who believing in hoarding wealth and assets. Some people are more generous and want to use their wealth to help others get a leg up, especially after they have spent a lifetime supporting someone who hasn't done anything but take and has nothing to show for all the opportunities they have been provided. Like, for example, Mary. [/quote]
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