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URL:  https://boards.fool.com/trex88-said-friend-has-recently-had-the-11192574.aspx

Subject:  Re: Loss of Home in Retirement Date:  8/25/1999  8:52 PM
Author:  messerb Number:  13460 of 100437

trex88 said: ...Friend has recently had the realization that her home, owned with another may be sold from under her due to the deteriorating health of the other.

She is seeing an elder lawyer. Fair is fair. If I put in 50/50 with a partner, not related to me by blood or marriage, is there a way to avoid such pitfalls? Plan to share a home similarly next year.


trex88,
Condolences to you and your friend.

One thing you might ask your attorney about is if it would help to get your mortgage as "Joint Tenants in Common with Rights of Survivorship." This address ownership issue if one of you dies. This may or may not address the ownership issue with an illness.

messerb

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