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

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[quote=Anonymous][quote=Anonymous]My MIL is finally moving into Assisted Living after falling nearly every day. She owns a cabin that is valued at roughly 300-400K. My husband states his sister (POA) will take out a HELOC on the cabin to pay for AL. The cabin is willed to the three siblings, and DH said we would be expected to contribute a nominal amount to utilities and property taxes ($150/month), which is acceptable and fair to me.

However, when his mother dies, DH will inherit anywhere from 10 K to 100 K of debt. Depending on the equity left, we will have to keep contributing costs towards the cabin.

My issue is that I'm not on the will. We are equal income earners, and our contributions will likely go out once his mother passes away to around $750-900/month. I do not want to contribute joint income towards a real estate asset to which only one of us has a legal entitlement. We don't have a huge budget right now for extras, and it's coming out of our "extra" leftover money at the end of the month, which I usually put into savings.

Am I a PITA if I say I do not want to contribute joint income towards the cabin if I am not included in the ownership?[/quote]

Sell the cabin already! They need to sell the cabin, use that money for MIL expenses.  If anything is left over once she is deceased gets split 3 ways. End of story.  [/quote]

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