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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]What’s best for the mother is probably to move in with the local daughter. I think she should sell the apartment and that you and your sister should be joint owners of your sister’s house. You have liquidated your mom’s assets in advance of needing Medicare. Your mom takes some of the money she currently used for her $3k maintenance fee and pays your sister rent. This rent covers the groceries and untilitiss and your sister’s time caring for your mom. At some point in the future, your sister buys out your portion of the house or sells it and you cash out. [/quote]
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