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

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[quote=Anonymous]OP here -

I sincerely thank DCUM for the advice regarding the HELOC/reverse mortgage because it's clear no bank will grant that if she's not living in the residence (and I'm assuming they would see if she has the the income to support living in an assisted living AND a cabin?)

The cabin will need to be sold. DH is fine with it, as is DH's brother. DH's sister is strongly resistant to it and falls into an emotional mess at the thought of selling the cabin.

I don't want to speak ill of the dead, but since this is an anonymous forum ... FIL asked the impossible SIL to keep his legacy alive and preserve the cabin but gave *zero* directions on how to keep MIL safe and alive ... Ugh. That's the behavior of a rich man with the assets and income to support a legacy of property and his family members. But FIL was not wealthy. He worked for the same employer for 30+ years and had very little in his retirement. DH suspects he was drawing from it, and his total assets were ~40K at the time of this death. There were secret credit cards found after he died.

I was very naive in assuming a man in his late 60s who had been employed, raised a family, had a chronically ill wife, and bought two houses would have some affairs in order to protect his assets, but he didn't. He didn't have a will. According to SIL, he thought he would "live forever." I take it as a cautionary tale that none of us are immune to debt, death, and taxes.

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