The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Re: renting to family Date:  6/21/2004  9:16 AM
Author:  casa72nova Number:  72289 of 127753

>>The state recovers from the second spouse's estate. It wouldn't matter whether they were renting or owned.

Thanks for all the info. My mother-in-law's opinion was that if she were to rent from us, she could reduce the size of her estate in the event that her husband does go on Medicaid. You're right, I should probably pony up and get an attorney.

I hope they wouldn't be miserable living near us. That is one thing I'm worried about. I know they don't like their current home or town.

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us