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Reply to "SO: Thoughts on sister and her DH buying a house with my mother?"
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[quote=Anonymous]OP is right to ask questions. Tying up an aging person’s finances in jointly owned real estate could be a giant mess on many levels. It’s not just the inheritance, but how the mother can access her assets when/if she needs to for her own care. Having that money tied up in a house she owns with her daughter could be really problematic. The inheritance issue is valid too. OP’s mother needs to be correctly advised that certain forms of title could mean the house goes 100% to only one child. Finally I think of scenarios like - the co-owner sister passes away and her husband remarries, and the property now goes to the second wife! [/quote]
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