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3Hotdogs

(14,726 posts)
Thu Oct 16, 2025, 04:31 PM Oct 16

Financial question. Continuing..... We are selling our house to our stepdaughter at a discount in exchange for a "Life

estate."

So now it comes time to consider the terms of the selling agreement.

Most problematic - what might be the resolution if one or both of us become unable to live unassisted if one or both become disabled or mentally unable to live in the house?

Or if a future conflict causes us or them to no longer want to continue the agreement?

We will continue to share expenses as we are now doing.

Work - that is a problem. I am 83 an no longer able to compete yard tasks and such as I was used to doing. I can, and still help but the majority of work is now performed by step-d and husband - without complaint.

Are there any other areas of concern that we might need to address?

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Financial question. Continuing..... We are selling our house to our stepdaughter at a discount in exchange for a "Life (Original Post) 3Hotdogs Oct 16 OP
you really should have lawyer input Skittles Oct 16 #1
There are two lawyers. 3Hotdogs Oct 16 #2

3Hotdogs

(14,726 posts)
2. There are two lawyers.
Thu Oct 16, 2025, 06:11 PM
Oct 16

This is an unusual situation and we don't want to chance a lawyer forgetting stuff.

We have seen two examples of lawyer cock- up in the last three years. Fortunately they weren’t our lawyers

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