Wednesday, June 4, 2014

Dad passed away leaving home to mom. Brother rents upstairs. Will states home divided between two brothers but brother upstairs paying for m...

Question

Dad passed away leaving home to mom. Brother rents upstairs. Will states home divided between two brothers but brother upstairs paying for major renovations. How to handle this? Wait until mom passes then sell home n split it? Brother to deduct money he paid for renovations?



Answer

Your brother, Mom and you need to consult an elder law attorney to insure the house is still there when Mom passes. Should she go into a nursing home, the house could be a major asset unless you plan ahead.



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