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Reply to "In-laws are broke, DH has offered to help"
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[quote=Anonymous][quote=Anonymous]If there is an option for them to downsize and afford their lifestyle that should be the number one option. You should not sacrifice your goals for home ownership so that they can live a certain lifestyle. If you do end up giving them money it should be documented as a loan so that you can get the money back from the estate some day.[/quote] OP, this is SUPER important, especially if DH has other siblings. A friend of mine is paying her mom's property taxes and told me, "well, I will get it back when we sell after she dies." The reality is that she has two other siblings with whom she has fairly fractious relations. I have suggested on more than one occasion that she needs to document each payment along with an official letter from her mom/written into will that the latter wants this daughter to be reimbursed by the estate for these expenses. She still hasn't done it and I am not optimistic about how this is gonna go down in the end.[/quote]
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