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Am i putting family and mum at risk?

Garethc · 2018-04-20 22:15:25

Hi, my mum recently spoke about transferring the ownership of her home to us, her 4 children. She is 75 now and wants things to be sorted in case anything happens to her. I have a voluntary debt agreement where i pay around a total of £200 per month to 4 different companies who i owe money to. My job is secure, as secure…

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elsien Posts: 36,084 Forumite

21 April 2018 at 4:13PM

The siblings also need to consider the possibility of needing means tested benefits in the future, as their share of a house they're not living in may count as an asset in those circumstances.

All shall be well, and all shall be well, and all manner of things shall be well.

Pedant alert - it's could have, not could of.

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