Background: my brother (37y.o.) got divorced over 7 years ago, is completely out of the picture, and only pays minimum child support to my ex sister-in-law. My nephews have always been involved with my family and my parents have always supported them however they could (babysit, take them places, get school supplies, clothes, etc.). My parents only have a 2 bedroom condo that is full of their stuff from moving from a 4 bedroom house that they had to quick sell to avoid bankruptcy so they aren't financially or physically in a great spot.
My ex sis has never had a stable job and only works as a nail tech/hair dresser. I don't know her current job/finances but I know she is in a lot of debt, awful with money, and upside-down on her car. She has only 1 living Aunt who has pretty much ignored her the last few years, so no family on her side to help.
About 6 months ago, her fiancé (50y.o.) (who she has been living with for almost 5 years, but not legally married) got into a bar fight and ended up in a coma in the ICU. He was pronounced brain dead last month and his oldest daughter (from a previous marriage) became POA of everything, including his house. Well she wants my ex-sis out by this week and served her eviction papers. My ex-sis got an attorney and has been talking to the daughter's attorneys about delaying the eviction until Jan. 16th, because she has lined up an apartment to move into. All good right?...
However, new developments, my ex-sis told my dad she doesn't have any money, can't afford to pay for the apartment, and only had $150 for the application fee. She also said that the attorney told her she could probably get half of what the house sells for (as the daughter wants to sell it immediately), so that would be about $45,000, which is all speculation if my ex-sis can actually fight everything and win, and get legal rights to some of the money.
My husband and I are both employed (accountant and nurse) and have good incomes. We have a 1 bed/1 bath apartment for $1550 with utilities in North Denver metro area, Colorado. We save about $3,000/month, as we are trying to save for a house soon. Our apartment complex will let us move to any apartment in the complex at anytime for only $500 change fee. A 2 bed/2 bath apartment is $1700-$1900/month plus utilities. We would only charge her the difference in rent, so $200-$400/ month. Is it a good idea for us to move to a new apartment and have them move in with us so they aren't homeless next week or in the next month, or is it too big of a financial risk? I don't even know how to go about approaching her or setting rules about her helping with rent and living with us. I love my nephews, they are great boys, and I just want them to have a decent living. Any advice is much appreciated!!
TLDR: Ex-sister in law and nephews are going to be evicted, need a place to live ASAP. She's broke, has no family and my parents cant help. My husband and I can afford to move to a 2bed/2 bath apartment and have them live with us, but unsure of mixing family and finances.
Submitted December 18, 2017 at 07:20PM by cbmeneley http://ift.tt/2yUVzvV
