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Extend mum's home
Comments
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nicknook said:My main concern is that the extension will increase the value of her home and not only will I be paying for the cost of it but also increased Inheritance Tax in the future.The obvious way is to loan the money to your mother and put a charge on the house.I would also consider making the contributions to her household bills loans as well. It doesn't seem fair that your on-going financial support may result in IHT being paid on the estate.1
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What are the longer term plans for the house?0
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I would like to live in it and pay my sister her half the enheritancegetmore4less said:What are the longer term plans for the house?0 -
We have considered this but she is quite keen to have her downstairs living areap00hsticks said:She is finding it difficult to manage the stairs
I presume you've already looked into and discounted simply installing a stair lift ?0 -
Thanks everyone for your replies. A few options to consider now0
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