cue My aunt (89 years old) is currently in a care home, but is not happy in a residential home environment, so returning home is desperate.
She can not take care of herself, and her home will need a lot of work to repair her so that she can live there (all plumbing, kitchen and bathroom will need replacement). She can't afford to do this, but she buys at a lower price than the market price, moves with his young family, and has a friend who can rent for free while my aunt lives on the ground floor. He and his wife will take care of her.
I am her lawyer and I worry that this can be fouled for many reasons. My main concern is her long-term health and I want her to be happy. She thinks this is a good choice for her. She also has her own mental abilities so she can make her own decisions.
What are the legal steps you need to take to protect her long-term interests and ensure that she continues to live for the length of time she wants?
MB
a I think you have the right to worry that such an agreement can go terribly wrong. The only sure way to live at home without rent for the period your aunt wants is to maintain ownership of the property. Perhaps the answer is to turn the array on the head. She was able to invite her to live without rent on some of the property where she did not sell her house to her friends at low prices, do not control her fate, do not take care of her home and live with her friends.
If your plumbing, kitchen and bathroom are truly in need of replacement – if they don't really work and you undoubtedly have moved to a care home If you have no doubts She is open to all the necessary work by disclosing equity in her property You can raise funds. Unlike selling to friends, disclosure of shares gives you the right to live on your property until you permanently move to death or residential care. If you ponder and decide that your aunt is not ideal for taking care of a friend and his wife (especially if your health deteriorates), you can use a stock release to help a professional caregiver take care of her at home. She will also have cash that does not require you to spend the cost of home care.
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