Reply to It's me - the DIL with the in-laws and drama around their cabin.

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Sorry, I’m not clear on the situation.  The cabin is owned outright currently, yes?  There are no other assets?  The plan is to keep the cabin in the family. Would the other siblings buy your dh out?[/quote]

OP here:

[b]Sorry, I’m not clear on the situation[/b]
 - DH wants us to contribute to a property he will inherit. In my state, inheritance or gifts are not subject to community property. I am uncomfortable contributing household income to a real property I will have zero entitlement to if we divorce.

[b]The cabin is owned outright currently, yes?[/b]
- Owned outright - yes.

[b]There are no other assets? [/b]
- MIL has maybe 30K in savings, which will go quickly with 12K of move-in costs.

[b]Would the other siblings buy your dh out?[/b]
- No. One is flat broke and unsure how even he would afford the ongoing costs. 
[/quote]

OP—as you point out, $30K in savings will be fine in less than three months. Assisted living is very very expensive (typically $9-14K in DMV area)
Even if the three siblings agree that DH’s POA sister should just sell the cabin to pay for mom’s care—which is definitely my vote because the cabin still belongs to DH’s mom and she needs the income from in more than the three siblings need the inheritance (to which they are not even entitled until after she dies)…the money from the cabin sale will help her to live comfortably in assisted living for 3-4 years. And if she lives beyond that, you’ll need a new plan.
If she doesn’t, then the three siblings inherit the remaining cash from the cabin sale.

I get your position, but rather than thinking about how to financially protect yourself in case of a divorce, I’d focus on getting DH to persuade his sister that the actual cabin is a drain and should be sold to care for mom now.[/quote]

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