4.6 • 682 Ratings
🗓️ 6 June 2025
⏱️ 9 minutes
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0:00.0 | Brought to you by the Every Dollar app. Start budgeting for free today. |
0:06.0 | The basic question I have is what I should do with my mother-in-law's situation. |
0:13.0 | Man, if I could answer that, I'd be rich. |
0:17.0 | My in-laws gave us a piece of property in 2006. |
0:22.0 | We couldn't afford to build on it at the time, so we saved. |
0:26.3 | And we ended up building our house in 2012. |
0:30.1 | After a couple of visits from my in-laws, they ended up asking us if they could build a small home on the back of our property. |
0:40.3 | The property that they gave you? |
0:43.2 | Correct. |
0:44.0 | So it's titled to you and your husband? |
0:47.1 | Correct. |
0:47.9 | Okay. |
0:49.4 | They were living in upstate New York. |
0:53.6 | It was a lot, my mother-in-law, taking care of her home and my father-in-law. |
0:59.1 | And she was, you know, talking to my husband daily, multiple times a day about what a |
1:04.1 | struggle it was. |
1:05.8 | So we felt like, yes, this was a good idea. |
1:08.0 | We could help them when they lived here. And so they sold their home in New York and used that money to build a house in the back of our property. Well, during the building process, we kind of all realized at the same time that technically they did not own it, that we owned it because |
1:28.6 | it was on property in our name. It caused a huge fight. My father-in-law stopped the builder from |
1:35.5 | building, and we had a couple of days of discussions. I'm sorry, why was this a surprise? |
1:43.6 | I guess because we never really had conversations about it. |
1:46.8 | You don't need a conversation. They deeded the property to you. Did they just forget that they did that? |
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