My grandparents are both in very good health for their age (almost 90) and there really isn’t any reason for me to buy their home. However, they live 3+ hours from me and in a town that my family has been going to for my entire life as our “vacation”. They have kept the house up and it has wonderful features I’ve personally worked to both add to and maintain. My main concern is making sure that my family has at least one familial “estate”, but also, my grandparents are fantastic people and I’d love for them to have money to do whatever they want before they don’t have the mobility to do it. The home wouldn’t be for me or my partner to live in, it would just be a way to ensure that my siblings and I at least have one familial home to go back to (we’ve moved a million times as kids and adults—this has been our only stagnant home) and to make sure that if my parents ever have any issues in their older age that they have a home of their own if they’re not ready to move in with one of their children. What are some things I need to think of if I were to broach this subject?
Submitted November 20, 2021 at 01:30AM by macdawg2020 https://ift.tt/30QMKHk
