Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Real Estate
Reply to "Inheriting house together with sibling...who wants to move in - WWYD?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]I'm a trustee on my grandparent's trust and was in a similar situation, but a bit more complicated. Keep the house owned by the trust if it's not already, then the one who wants to live there can buy it back by paying loan installments. So basically, the trust is giving a rent-to-own loan of $1.5m, and the monthly payments would go to you (indirectly). Where is gets complicated is when improvements or repairs need to be made. Repairs would be covered by the trust, but let's say they want to put a pool in... Figure out how to handle taht. A good estate lawyer can advise on the options here -- they've dealt with this before I'm sure.[/quote] And when the sister decides not to pay the loan...or the fiance say WE are not paying anything and WE are not leaving either because it is half yours.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
