Dear Penny: I Want to Help My Elderly Parents by Buying Their House

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My credit is in the mid 700s, and my wife and I want to buy a house. We also want to buy new vehicles. My score will drop with both, so which one do you recommend I buy first? – heath. dear heath, Because of the way your question is worded – you "want" to buy a house and new vehicles – I am going to assume that neither of your.

I was told "oh of course your mother can keep her house" but when she passes, they take THEIR Share of money from her care if you get medicaid. Overall, sell or buy their home and hope they dont need care for 5 years, or in your case, you need to use the house money for the care until its gone.

Can I Claim My Parents’ House If I Pay the Mortgage? When you were young, your parents took care of you. Now that you are grown and your parents are old, you might need to lend them a hand, both physically and financially.. Although individuals can still claim their parents as dependents provided they meet a few specific standards,

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I know a Baptist pastor of a large congregation who pressured all the parents to give their children’s college funds to the church. 1st Timothy 5:8 teaches, "But if any provide not for his own, and specially for those of his own house, he hath denied the faith, and is worse than an infidel." Biblically, parents are supposed to put their.

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I just want to help her, but I don’t know what to do other than lead by example.. My brother-in-law and I built an apartment for my grandmother in their new house.That’s what I did that summer at age 24.and then we sold our mom’s house which I was living in.moved in with them for 1 1/2 years.. My parents continued their fighting.

 · My mom and dad have just purchased a new house just down the road from where they live. The house is much larger for them and suits them a lot better than their current house. My husband and I are going to purchase my parents current house. We all have talked about it and agreed that we would just pay the remaining amount on that house. I need to know how we can get the house.

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