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Elderly parent putting money into our property

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Comments

  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Thanks all. I now have all the information I need and won't be replying to any more comments. If anyone knows how to turn off comments. I'd reply to that one! Cheers 
    You think you have all the information, there are other issues.....
  • user1977 said:
    Thanks all. I now have all the information I need and won't be replying to any more comments. If anyone knows how to turn off comments. I'd reply to that one! Cheers 
    You don't turn off comments, you just stop looking at the thread. Other people can continue the discussion if they wish.
    Yup. I'm sure there should be comments about the state of the trees in the rear garden and flood risk to come.

    Does it have japanese knotweed?
  • Thanks, we have LPA. My great Aunt spent 30 years in a care home (although I think that's unlikely for my 83 year old mother!) 
    If you have power of attourney then you should be thinking about what’s best for her.

    I’m not sure that taking her money so you can have a nicer house really fits into that.
    Nobody is taking money from her.  She's of sound mind, I'm an only child and she wants to help. I think you'll find that's not uncommon for a parent. 
    Your scheme is very uncommon indeed. If she's of sound mind and wants to help then maybe you can be a good daughter and suggest that she signs up here and asks for advice herself.

    You having power of attorney and being the one to ask for help on how your mother can ented into this rathe rthan gifting you the money sets alarm bells ringing.
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