Estate Planning

Buying A House With Elderly Parent: 10 Things To Know

buying a house with elderly parent

Joel Lim

Oct 5, 2023

Buying a house with an elderly parent can be a unique and stressful experience. 

It is important to understand all of the factors involved when making such an investment together, as it will have long-term implications for both you and your elderly family member. 

Key Takeaways

  • Buying a house with an elderly parent can provide certain financial and emotional benefits, like tax deductions, shared living expenses, and emotional support.


  • Buying a house has risks involved, like potential disqualification from Medicaid benefits, loss of privacy, and certain financial risks.


  • If you choose to live with elderly parents in the house you both purchase, it’s important to practice clear communication and have reasonable expectations with them.

5 Advantages of Buying a House With an Elderly Parent

advantages of buying a house with an elderly parent

Purchasing a house with elderly family members can be mutually beneficial for all involved parties. Not only will your elderly parent get security and stability, but there may be financial advantages they wouldn't enjoy otherwise.

The advantages for you and your family member include:

Tax Benefits

Purchasing a house with an elderly family member can prove beneficial for tax savings. If they meet certain criteria, you may be able to claim them as dependents and reduce the amount of taxes due on your return. 

For example, if you buy a home for an elderly parent, it will count as a vacation home, and the mortgage interest and property taxes will be deducted up to $1,000,000.

Shared Living Expenses

If your elderly parent has some income or savings, then you may be able to share living expenses. Sharing living expenses when buying a house with an elderly parent can be beneficial for both parties. 

Together you can purchase a larger and more comfortable home than you could afford on your own, as well as help spread budgets further, especially for older people living on fixed incomes.

Care And Support For Parents

Buying a home and living with an elderly parent can make it easier to provide care and support. This is especially important for elderly parents who may require assistance with daily activities or have health issues that need monitoring. 

Furthermore, caring for and supporting your parents can help prevent feelings of isolation and loneliness common among elderly people.

Emotional Support

Having a family member living with you brings emotional benefits for both parties involved. Elderly parents may experience grief, depression, or anxiety, and having an adult child to provide comfort can be a great source of support.

At the same time, you may find solace in sharing your worries with someone you trust, your parents.

Avoiding Probate

Another major advantage of buying a house with an elderly parent is that it can help you avoid probate if you do a Joint Tenancy with Rights of Survivorship. Probate is the legal process for settling the estate after death.

If you own the property jointly, your parent’s share will automatically pass to you upon their passing without having to go through the court system. This will save you a lot of time and money in the long run, by avoiding going through the court system to claim the property.

5 Disadvantages of Buying a House With an Elderly Parent

disadvantages-of-buying-a-house-with-an-elderly-parent

Before agreeing to buy a house with an elderly parent, there are a few downsides you should consider. Here are five disadvantages of purchasing with them:

Medicaid Eligibility 

When buying a home with an elderly parent, it is essential to understand how this may impact their Medicaid eligibility. In most states, qualifying for Medicaid requires low incomes and limited assets.

Owning part of a home could count towards their asset limit and disqualify them from Medicaid eligibility. The asset limits vary based on states, but it’s generally $2,000, with higher limits for states like New York and California.

Additionally, selling the home could count as an asset that affects their eligibility for Medicaid; to protect this eligibility, it is vitally important that consultation is sought with both an expert financial advisor and attorney about ownership structure to make sure this does not threaten eligibility.

Loss of Privacy

Sharing a home with an elderly parent means you will have less privacy than if you were living alone or with only your immediate family members. This can be particularly challenging if the elderly parent requires assistance with daily activities, such as bathing and dressing. 

Respecting an individual's right to privacy during such activities is crucial; however if an elderly parent requires assistance they cannot manage on their own, it may be necessary to assist.

Family Conflicts

Living with family can sometimes cause friction over finances, caregiving duties, household chores, and more.

Problems often compound when they involve elderly parents whose health requires extra care and consideration.

As part of any effective solution, both parties must remain mindful of each other's feelings and work collaboratively to find an amicable resolution.

Increased Caregiving Responsibilities

When living with an elderly parent, you may need to provide significant assistance in activities of daily living, transportation, and medical care. If you are unable to provide such assistance then you may need to hire someone to do so.

Depending on the specific needs of your elderly family member, this could range from providing a ride to doctor’s appointments or helping them bathe and dress each day. 

All involved parties must understand their roles and responsibilities before entering into such an arrangement so everyone can be adequately prepared. 

Financial Risks 

Owning a home jointly with an elderly parent can have serious financial consequences, particularly if one or both parties have outstanding debts or liabilities that place the property at risk.

If either person has debt, a judgment creditor could place a lien on the property, meaning you could lose it.

Consult a lawyer to ensure the ownership structure provides adequate protection for both parties involved in a property deal.

How to Buy a House with Elderly Parents?

Now that you’re aware of the advantages and disadvantages associated with purchasing a house with elderly parents, let's discuss the steps for purchasing their residence.

The two most important decisions to make are regarding the joint ownership and mortgage details.

Two Main Types of Joint Ownership With Elderly Parent

  • Joint Tenancy with Rights of Survivorship: This type of joint ownership allows two or more people to own a single property together, and if one party passes away, their share automatically transfers to the other owner(s). 

This is a great option for avoiding the long and tedious court probate process as it ensures that the other owner(s) retain full ownership without going through the court.

  • Tenancy in Common (TIC): TIC allows two or more people to own a single property together, with the caveat that each individual’s share is separate and does not automatically transfer to the other owner(s) in case of death. 

This is the best option if there are concerns about creditors or disagreements over inheritance wishes. In this case, estate planning documents such as wills or trusts should clearly outline how each person wants their portion distributed after they pass away.

Family Opportunity Mortgage

If you and an elderly parent are considering joint ownership, a family opportunity mortgage could be the perfect fit for your needs. This type of loan often requires a minimal downpayment (5%), lower interest rates, and reduced property taxes. 

The specific interest rates and property taxes will vary based on locations and the type of lender. Typically, the interest rates are around 7% for a standard mortgage, but with the family opportunity mortgage, some have managed to lower it to 5% or lower.

The process of obtaining this loan involves filling out a mortgage application, getting pre-approved, finding the right property for you both, providing all necessary documents to your lender, and finally closing on the loan. 

To make sure all goes smoothly, it is advised to work with a real estate agent who has experience dealing with joint ownership with elderly parents.

How to Move Your Parents in With You?

how to move your parents in with you

If you have decided to live with your parent(s), it is important to discuss how this arrangement will be managed. 

To ensure a successful transition, it is essential to talk over the details with your parent(s) to give them time to adjust mentally and emotionally for the upcoming changes. Talk about why it’s the best option for them and how it’ll be arranged. 

You can also discuss expectations for chores, meal preparation, and financial responsibilities so there are no surprises when they move in with you. 

It’s also essential to create a plan of how you will handle certain medical issues your parents may be prone to so that you are prepared if a situation occurs. 

Sharing your emotions openly and honestly and encouraging the other party to do the same is the key to effective management. Make sure they can access support from family and friends when needed while giving them space if required.

What Can I Do With My Parents’ Old Home?

If you are buying a house with your elderly parents, then you may have to sell or rent their old home.

First, consider selling the home either with or without assistance from a real estate agent. Selling will provide an additional source of income that could benefit both yourself and your elderly parent.

However, you will need to consider the costs associated with hiring a real estate agent and any repairs required before selling your parent's house.

An alternative approach is to rent out the property as an investment opportunity. This will provide additional income that could come in handy should something happen to your elderly parent. 

If you choose to rent the property, be sure to check local renting laws and prepare yourself for the responsibilities and expectations of being a landlord.

There are also other options like donating the home or parts of it, which can potentially be beneficial for tax purposes and provide some peace of mind knowing it’s being used for a good cause.

Tips When Living With Elderly Parents

Living with elderly parents can be challenging, so here are some simple tips that can make a living with elderly parents easier for everyone involved:

Tip #1: Clear Communication

When it comes to living with elderly parents, clear communication is essential. Not only will it help you understand each other better, but it can also reduce tensions. Having an open path of communication to talk about feelings respectfully is key to clear communication. 

They may not always agree with you, but this doesn’t mean you should become frustrated or dismissive of their opinions.

Tip #2: Reasonable Expectations

Your parents may not always have the energy or ability to do certain things, so it’s best to set realistic goals and expectations for them each day. Additionally, remember that their needs may change as their health declines. 

Tip #3: Be Patient

There may come a time when you two don’t agree on certain things or they forget things that you have previously discussed. It’s easy to get frustrated in these moments, but try to be patient with them. Practice active listening so you both feel heard and respected. 

Tip #4: Provide Support

It is important for elderly parents living with their children to know they are still capable and valued. Allow them to be as independent as they can be while also providing support and guidance as necessary.

Frequently Asked Questions

Is it a good idea to buy a house with a parent?

Buying a house with a parent is a big commitment. Some benefits of buying a house with an elderly parent include tax benefits, shared living expenses, and emotional support. On the other hand, moving in may affect Medicaid eligibility, and there may be conflicts.

Can I buy a house from my parents for less than market value?

Yes, you can buy a house from your parents for less than market value. When your parents sell you a home below market value it is referred to as a gift of equity, or they can simply give you the house outright.

What happens when you inherit a house from your parents?

You’ll need to consider how the property is titled first. A Joint Tenancy with Rights of Survivorship and a Tenancy in Common have drastically different implications. 

If it’s a Joint Tenancy with the Rights of Survivorship and one passes away, then the surviving owner will take full ownership. If it’s a Tenancy in Common, then you’ll need to go through probate court if you want a chance at the title passing on to you. This may take more time and involve settling any debts or taxes owed.

Estate Planning

Buying A House With Elderly Parent: 10 Things To Know

buying a house with elderly parent

Joel Lim

Oct 5, 2023

Buying a house with an elderly parent can be a unique and stressful experience. 

It is important to understand all of the factors involved when making such an investment together, as it will have long-term implications for both you and your elderly family member. 

Key Takeaways

  • Buying a house with an elderly parent can provide certain financial and emotional benefits, like tax deductions, shared living expenses, and emotional support.


  • Buying a house has risks involved, like potential disqualification from Medicaid benefits, loss of privacy, and certain financial risks.


  • If you choose to live with elderly parents in the house you both purchase, it’s important to practice clear communication and have reasonable expectations with them.

5 Advantages of Buying a House With an Elderly Parent

advantages of buying a house with an elderly parent

Purchasing a house with elderly family members can be mutually beneficial for all involved parties. Not only will your elderly parent get security and stability, but there may be financial advantages they wouldn't enjoy otherwise.

The advantages for you and your family member include:

Tax Benefits

Purchasing a house with an elderly family member can prove beneficial for tax savings. If they meet certain criteria, you may be able to claim them as dependents and reduce the amount of taxes due on your return. 

For example, if you buy a home for an elderly parent, it will count as a vacation home, and the mortgage interest and property taxes will be deducted up to $1,000,000.

Shared Living Expenses

If your elderly parent has some income or savings, then you may be able to share living expenses. Sharing living expenses when buying a house with an elderly parent can be beneficial for both parties. 

Together you can purchase a larger and more comfortable home than you could afford on your own, as well as help spread budgets further, especially for older people living on fixed incomes.

Care And Support For Parents

Buying a home and living with an elderly parent can make it easier to provide care and support. This is especially important for elderly parents who may require assistance with daily activities or have health issues that need monitoring. 

Furthermore, caring for and supporting your parents can help prevent feelings of isolation and loneliness common among elderly people.

Emotional Support

Having a family member living with you brings emotional benefits for both parties involved. Elderly parents may experience grief, depression, or anxiety, and having an adult child to provide comfort can be a great source of support.

At the same time, you may find solace in sharing your worries with someone you trust, your parents.

Avoiding Probate

Another major advantage of buying a house with an elderly parent is that it can help you avoid probate if you do a Joint Tenancy with Rights of Survivorship. Probate is the legal process for settling the estate after death.

If you own the property jointly, your parent’s share will automatically pass to you upon their passing without having to go through the court system. This will save you a lot of time and money in the long run, by avoiding going through the court system to claim the property.

5 Disadvantages of Buying a House With an Elderly Parent

disadvantages-of-buying-a-house-with-an-elderly-parent

Before agreeing to buy a house with an elderly parent, there are a few downsides you should consider. Here are five disadvantages of purchasing with them:

Medicaid Eligibility 

When buying a home with an elderly parent, it is essential to understand how this may impact their Medicaid eligibility. In most states, qualifying for Medicaid requires low incomes and limited assets.

Owning part of a home could count towards their asset limit and disqualify them from Medicaid eligibility. The asset limits vary based on states, but it’s generally $2,000, with higher limits for states like New York and California.

Additionally, selling the home could count as an asset that affects their eligibility for Medicaid; to protect this eligibility, it is vitally important that consultation is sought with both an expert financial advisor and attorney about ownership structure to make sure this does not threaten eligibility.

Loss of Privacy

Sharing a home with an elderly parent means you will have less privacy than if you were living alone or with only your immediate family members. This can be particularly challenging if the elderly parent requires assistance with daily activities, such as bathing and dressing. 

Respecting an individual's right to privacy during such activities is crucial; however if an elderly parent requires assistance they cannot manage on their own, it may be necessary to assist.

Family Conflicts

Living with family can sometimes cause friction over finances, caregiving duties, household chores, and more.

Problems often compound when they involve elderly parents whose health requires extra care and consideration.

As part of any effective solution, both parties must remain mindful of each other's feelings and work collaboratively to find an amicable resolution.

Increased Caregiving Responsibilities

When living with an elderly parent, you may need to provide significant assistance in activities of daily living, transportation, and medical care. If you are unable to provide such assistance then you may need to hire someone to do so.

Depending on the specific needs of your elderly family member, this could range from providing a ride to doctor’s appointments or helping them bathe and dress each day. 

All involved parties must understand their roles and responsibilities before entering into such an arrangement so everyone can be adequately prepared. 

Financial Risks 

Owning a home jointly with an elderly parent can have serious financial consequences, particularly if one or both parties have outstanding debts or liabilities that place the property at risk.

If either person has debt, a judgment creditor could place a lien on the property, meaning you could lose it.

Consult a lawyer to ensure the ownership structure provides adequate protection for both parties involved in a property deal.

How to Buy a House with Elderly Parents?

Now that you’re aware of the advantages and disadvantages associated with purchasing a house with elderly parents, let's discuss the steps for purchasing their residence.

The two most important decisions to make are regarding the joint ownership and mortgage details.

Two Main Types of Joint Ownership With Elderly Parent

  • Joint Tenancy with Rights of Survivorship: This type of joint ownership allows two or more people to own a single property together, and if one party passes away, their share automatically transfers to the other owner(s). 

This is a great option for avoiding the long and tedious court probate process as it ensures that the other owner(s) retain full ownership without going through the court.

  • Tenancy in Common (TIC): TIC allows two or more people to own a single property together, with the caveat that each individual’s share is separate and does not automatically transfer to the other owner(s) in case of death. 

This is the best option if there are concerns about creditors or disagreements over inheritance wishes. In this case, estate planning documents such as wills or trusts should clearly outline how each person wants their portion distributed after they pass away.

Family Opportunity Mortgage

If you and an elderly parent are considering joint ownership, a family opportunity mortgage could be the perfect fit for your needs. This type of loan often requires a minimal downpayment (5%), lower interest rates, and reduced property taxes. 

The specific interest rates and property taxes will vary based on locations and the type of lender. Typically, the interest rates are around 7% for a standard mortgage, but with the family opportunity mortgage, some have managed to lower it to 5% or lower.

The process of obtaining this loan involves filling out a mortgage application, getting pre-approved, finding the right property for you both, providing all necessary documents to your lender, and finally closing on the loan. 

To make sure all goes smoothly, it is advised to work with a real estate agent who has experience dealing with joint ownership with elderly parents.

How to Move Your Parents in With You?

how to move your parents in with you

If you have decided to live with your parent(s), it is important to discuss how this arrangement will be managed. 

To ensure a successful transition, it is essential to talk over the details with your parent(s) to give them time to adjust mentally and emotionally for the upcoming changes. Talk about why it’s the best option for them and how it’ll be arranged. 

You can also discuss expectations for chores, meal preparation, and financial responsibilities so there are no surprises when they move in with you. 

It’s also essential to create a plan of how you will handle certain medical issues your parents may be prone to so that you are prepared if a situation occurs. 

Sharing your emotions openly and honestly and encouraging the other party to do the same is the key to effective management. Make sure they can access support from family and friends when needed while giving them space if required.

What Can I Do With My Parents’ Old Home?

If you are buying a house with your elderly parents, then you may have to sell or rent their old home.

First, consider selling the home either with or without assistance from a real estate agent. Selling will provide an additional source of income that could benefit both yourself and your elderly parent.

However, you will need to consider the costs associated with hiring a real estate agent and any repairs required before selling your parent's house.

An alternative approach is to rent out the property as an investment opportunity. This will provide additional income that could come in handy should something happen to your elderly parent. 

If you choose to rent the property, be sure to check local renting laws and prepare yourself for the responsibilities and expectations of being a landlord.

There are also other options like donating the home or parts of it, which can potentially be beneficial for tax purposes and provide some peace of mind knowing it’s being used for a good cause.

Tips When Living With Elderly Parents

Living with elderly parents can be challenging, so here are some simple tips that can make a living with elderly parents easier for everyone involved:

Tip #1: Clear Communication

When it comes to living with elderly parents, clear communication is essential. Not only will it help you understand each other better, but it can also reduce tensions. Having an open path of communication to talk about feelings respectfully is key to clear communication. 

They may not always agree with you, but this doesn’t mean you should become frustrated or dismissive of their opinions.

Tip #2: Reasonable Expectations

Your parents may not always have the energy or ability to do certain things, so it’s best to set realistic goals and expectations for them each day. Additionally, remember that their needs may change as their health declines. 

Tip #3: Be Patient

There may come a time when you two don’t agree on certain things or they forget things that you have previously discussed. It’s easy to get frustrated in these moments, but try to be patient with them. Practice active listening so you both feel heard and respected. 

Tip #4: Provide Support

It is important for elderly parents living with their children to know they are still capable and valued. Allow them to be as independent as they can be while also providing support and guidance as necessary.

Frequently Asked Questions

Is it a good idea to buy a house with a parent?

Buying a house with a parent is a big commitment. Some benefits of buying a house with an elderly parent include tax benefits, shared living expenses, and emotional support. On the other hand, moving in may affect Medicaid eligibility, and there may be conflicts.

Can I buy a house from my parents for less than market value?

Yes, you can buy a house from your parents for less than market value. When your parents sell you a home below market value it is referred to as a gift of equity, or they can simply give you the house outright.

What happens when you inherit a house from your parents?

You’ll need to consider how the property is titled first. A Joint Tenancy with Rights of Survivorship and a Tenancy in Common have drastically different implications. 

If it’s a Joint Tenancy with the Rights of Survivorship and one passes away, then the surviving owner will take full ownership. If it’s a Tenancy in Common, then you’ll need to go through probate court if you want a chance at the title passing on to you. This may take more time and involve settling any debts or taxes owed.

Estate Planning

Buying A House With Elderly Parent: 10 Things To Know

buying a house with elderly parent

Joel Lim

Oct 5, 2023

Buying a house with an elderly parent can be a unique and stressful experience. 

It is important to understand all of the factors involved when making such an investment together, as it will have long-term implications for both you and your elderly family member. 

Key Takeaways

  • Buying a house with an elderly parent can provide certain financial and emotional benefits, like tax deductions, shared living expenses, and emotional support.


  • Buying a house has risks involved, like potential disqualification from Medicaid benefits, loss of privacy, and certain financial risks.


  • If you choose to live with elderly parents in the house you both purchase, it’s important to practice clear communication and have reasonable expectations with them.

5 Advantages of Buying a House With an Elderly Parent

advantages of buying a house with an elderly parent

Purchasing a house with elderly family members can be mutually beneficial for all involved parties. Not only will your elderly parent get security and stability, but there may be financial advantages they wouldn't enjoy otherwise.

The advantages for you and your family member include:

Tax Benefits

Purchasing a house with an elderly family member can prove beneficial for tax savings. If they meet certain criteria, you may be able to claim them as dependents and reduce the amount of taxes due on your return. 

For example, if you buy a home for an elderly parent, it will count as a vacation home, and the mortgage interest and property taxes will be deducted up to $1,000,000.

Shared Living Expenses

If your elderly parent has some income or savings, then you may be able to share living expenses. Sharing living expenses when buying a house with an elderly parent can be beneficial for both parties. 

Together you can purchase a larger and more comfortable home than you could afford on your own, as well as help spread budgets further, especially for older people living on fixed incomes.

Care And Support For Parents

Buying a home and living with an elderly parent can make it easier to provide care and support. This is especially important for elderly parents who may require assistance with daily activities or have health issues that need monitoring. 

Furthermore, caring for and supporting your parents can help prevent feelings of isolation and loneliness common among elderly people.

Emotional Support

Having a family member living with you brings emotional benefits for both parties involved. Elderly parents may experience grief, depression, or anxiety, and having an adult child to provide comfort can be a great source of support.

At the same time, you may find solace in sharing your worries with someone you trust, your parents.

Avoiding Probate

Another major advantage of buying a house with an elderly parent is that it can help you avoid probate if you do a Joint Tenancy with Rights of Survivorship. Probate is the legal process for settling the estate after death.

If you own the property jointly, your parent’s share will automatically pass to you upon their passing without having to go through the court system. This will save you a lot of time and money in the long run, by avoiding going through the court system to claim the property.

5 Disadvantages of Buying a House With an Elderly Parent

disadvantages-of-buying-a-house-with-an-elderly-parent

Before agreeing to buy a house with an elderly parent, there are a few downsides you should consider. Here are five disadvantages of purchasing with them:

Medicaid Eligibility 

When buying a home with an elderly parent, it is essential to understand how this may impact their Medicaid eligibility. In most states, qualifying for Medicaid requires low incomes and limited assets.

Owning part of a home could count towards their asset limit and disqualify them from Medicaid eligibility. The asset limits vary based on states, but it’s generally $2,000, with higher limits for states like New York and California.

Additionally, selling the home could count as an asset that affects their eligibility for Medicaid; to protect this eligibility, it is vitally important that consultation is sought with both an expert financial advisor and attorney about ownership structure to make sure this does not threaten eligibility.

Loss of Privacy

Sharing a home with an elderly parent means you will have less privacy than if you were living alone or with only your immediate family members. This can be particularly challenging if the elderly parent requires assistance with daily activities, such as bathing and dressing. 

Respecting an individual's right to privacy during such activities is crucial; however if an elderly parent requires assistance they cannot manage on their own, it may be necessary to assist.

Family Conflicts

Living with family can sometimes cause friction over finances, caregiving duties, household chores, and more.

Problems often compound when they involve elderly parents whose health requires extra care and consideration.

As part of any effective solution, both parties must remain mindful of each other's feelings and work collaboratively to find an amicable resolution.

Increased Caregiving Responsibilities

When living with an elderly parent, you may need to provide significant assistance in activities of daily living, transportation, and medical care. If you are unable to provide such assistance then you may need to hire someone to do so.

Depending on the specific needs of your elderly family member, this could range from providing a ride to doctor’s appointments or helping them bathe and dress each day. 

All involved parties must understand their roles and responsibilities before entering into such an arrangement so everyone can be adequately prepared. 

Financial Risks 

Owning a home jointly with an elderly parent can have serious financial consequences, particularly if one or both parties have outstanding debts or liabilities that place the property at risk.

If either person has debt, a judgment creditor could place a lien on the property, meaning you could lose it.

Consult a lawyer to ensure the ownership structure provides adequate protection for both parties involved in a property deal.

How to Buy a House with Elderly Parents?

Now that you’re aware of the advantages and disadvantages associated with purchasing a house with elderly parents, let's discuss the steps for purchasing their residence.

The two most important decisions to make are regarding the joint ownership and mortgage details.

Two Main Types of Joint Ownership With Elderly Parent

  • Joint Tenancy with Rights of Survivorship: This type of joint ownership allows two or more people to own a single property together, and if one party passes away, their share automatically transfers to the other owner(s). 

This is a great option for avoiding the long and tedious court probate process as it ensures that the other owner(s) retain full ownership without going through the court.

  • Tenancy in Common (TIC): TIC allows two or more people to own a single property together, with the caveat that each individual’s share is separate and does not automatically transfer to the other owner(s) in case of death. 

This is the best option if there are concerns about creditors or disagreements over inheritance wishes. In this case, estate planning documents such as wills or trusts should clearly outline how each person wants their portion distributed after they pass away.

Family Opportunity Mortgage

If you and an elderly parent are considering joint ownership, a family opportunity mortgage could be the perfect fit for your needs. This type of loan often requires a minimal downpayment (5%), lower interest rates, and reduced property taxes. 

The specific interest rates and property taxes will vary based on locations and the type of lender. Typically, the interest rates are around 7% for a standard mortgage, but with the family opportunity mortgage, some have managed to lower it to 5% or lower.

The process of obtaining this loan involves filling out a mortgage application, getting pre-approved, finding the right property for you both, providing all necessary documents to your lender, and finally closing on the loan. 

To make sure all goes smoothly, it is advised to work with a real estate agent who has experience dealing with joint ownership with elderly parents.

How to Move Your Parents in With You?

how to move your parents in with you

If you have decided to live with your parent(s), it is important to discuss how this arrangement will be managed. 

To ensure a successful transition, it is essential to talk over the details with your parent(s) to give them time to adjust mentally and emotionally for the upcoming changes. Talk about why it’s the best option for them and how it’ll be arranged. 

You can also discuss expectations for chores, meal preparation, and financial responsibilities so there are no surprises when they move in with you. 

It’s also essential to create a plan of how you will handle certain medical issues your parents may be prone to so that you are prepared if a situation occurs. 

Sharing your emotions openly and honestly and encouraging the other party to do the same is the key to effective management. Make sure they can access support from family and friends when needed while giving them space if required.

What Can I Do With My Parents’ Old Home?

If you are buying a house with your elderly parents, then you may have to sell or rent their old home.

First, consider selling the home either with or without assistance from a real estate agent. Selling will provide an additional source of income that could benefit both yourself and your elderly parent.

However, you will need to consider the costs associated with hiring a real estate agent and any repairs required before selling your parent's house.

An alternative approach is to rent out the property as an investment opportunity. This will provide additional income that could come in handy should something happen to your elderly parent. 

If you choose to rent the property, be sure to check local renting laws and prepare yourself for the responsibilities and expectations of being a landlord.

There are also other options like donating the home or parts of it, which can potentially be beneficial for tax purposes and provide some peace of mind knowing it’s being used for a good cause.

Tips When Living With Elderly Parents

Living with elderly parents can be challenging, so here are some simple tips that can make a living with elderly parents easier for everyone involved:

Tip #1: Clear Communication

When it comes to living with elderly parents, clear communication is essential. Not only will it help you understand each other better, but it can also reduce tensions. Having an open path of communication to talk about feelings respectfully is key to clear communication. 

They may not always agree with you, but this doesn’t mean you should become frustrated or dismissive of their opinions.

Tip #2: Reasonable Expectations

Your parents may not always have the energy or ability to do certain things, so it’s best to set realistic goals and expectations for them each day. Additionally, remember that their needs may change as their health declines. 

Tip #3: Be Patient

There may come a time when you two don’t agree on certain things or they forget things that you have previously discussed. It’s easy to get frustrated in these moments, but try to be patient with them. Practice active listening so you both feel heard and respected. 

Tip #4: Provide Support

It is important for elderly parents living with their children to know they are still capable and valued. Allow them to be as independent as they can be while also providing support and guidance as necessary.

Frequently Asked Questions

Is it a good idea to buy a house with a parent?

Buying a house with a parent is a big commitment. Some benefits of buying a house with an elderly parent include tax benefits, shared living expenses, and emotional support. On the other hand, moving in may affect Medicaid eligibility, and there may be conflicts.

Can I buy a house from my parents for less than market value?

Yes, you can buy a house from your parents for less than market value. When your parents sell you a home below market value it is referred to as a gift of equity, or they can simply give you the house outright.

What happens when you inherit a house from your parents?

You’ll need to consider how the property is titled first. A Joint Tenancy with Rights of Survivorship and a Tenancy in Common have drastically different implications. 

If it’s a Joint Tenancy with the Rights of Survivorship and one passes away, then the surviving owner will take full ownership. If it’s a Tenancy in Common, then you’ll need to go through probate court if you want a chance at the title passing on to you. This may take more time and involve settling any debts or taxes owed.

Try Trustworthy today.

Try the Family Operating System® for yourself. You (and your family) will love it.

No credit card required.

Try Trustworthy today.

Try the Family Operating System® for yourself. You (and your family) will love it.

No credit card required.

Try Trustworthy today.

Try the Family Operating System® for yourself. You (and your family) will love it.

No credit card required.

Related Articles

eligibility for veteran’s spouse benefits
eligibility for veteran’s spouse benefits
eligibility for veteran’s spouse benefits

Apr 4, 2024

Eligibility for Veteran’s Spouse Benefits: What You Need to Know

va disability payments
va disability payments
va disability payments

Apr 3, 2024

VA Disability Payments: Can They Be Discontinued?

veteran death
veteran death
veteran death

Mar 30, 2024

Veteran Death: Essential Actions and Checklist for Next of Kin

slats in estate planning
slats in estate planning
slats in estate planning

Mar 27, 2024

SLATs in Estate Planning: An Innovative Strategy Explained

maximize your estate planning with survivorship life insurance
maximize your estate planning with survivorship life insurance
maximize your estate planning with survivorship life insurance

Mar 27, 2024

Maximize Your Estate Planning with Survivorship Life Insurance

va benefits timeline
va benefits timeline
va benefits timeline

Mar 23, 2024

VA Benefits Timeline: When They Stop After Death

is estate planning a legitimate business expense
is estate planning a legitimate business expense
is estate planning a legitimate business expense

Mar 20, 2024

Is Estate Planning a Legitimate Business Expense: Unveiling The Truth

does right of survivorship trump a will
does right of survivorship trump a will
does right of survivorship trump a will

Mar 15, 2024

Does Right of Survivorship Trump a Will: Legal Insights

palliative care at home
palliative care at home
palliative care at home

Mar 13, 2024

Palliative Care at Home: Understanding Insurance Coverage

navigating insurance coverage for hospice care
navigating insurance coverage for hospice care
navigating insurance coverage for hospice care

Mar 13, 2024

Navigating Insurance Coverage for Hospice Care A Complete Guide

choosing an estate planning attorney
choosing an estate planning attorney
choosing an estate planning attorney

Mar 9, 2024

Choosing an Estate Planning Attorney: Traits of Excellence

can family overrule an advance directive
can family overrule an advance directive
can family overrule an advance directive

Mar 7, 2024

Can Family Overrule an Advance Directive? What You Need to Know

funding hospice care in nursing homes
funding hospice care in nursing homes
funding hospice care in nursing homes

Mar 7, 2024

Funding Hospice Care in Nursing Homes: Who Bears the Cost?

who can legally witness an advance directive
who can legally witness an advance directive
who can legally witness an advance directive

Mar 5, 2024

Who Can Legally Witness an Advance Directive? Know Your Rights

exploring hospice care
exploring hospice care
exploring hospice care

Mar 5, 2024

Exploring Hospice Care: What’s Not Included?

respite care in hospice
respite care in hospice
respite care in hospice

Mar 5, 2024

Respite Care in Hospice: Providing Relief for Caregivers

different types of advance directives
different types of advance directives
different types of advance directives

Mar 5, 2024

Exploring the Spectrum: Different Types of Advance Directives

deciding on hospice care
deciding on hospice care
deciding on hospice care

Feb 28, 2024

Deciding on Hospice Care: Knowing When It's Time

hospice care duration
hospice care duration
hospice care duration

Feb 27, 2024

Hospice Care Duration: How Long Can It Last?

hospice care timeline
hospice care timeline
hospice care timeline

Feb 27, 2024

Hospice Care Timeline: Estimating How Long to Live

doctor-ordered hospice care
doctor-ordered hospice care
doctor-ordered hospice care

Feb 22, 2024

Doctor-Ordered Hospice Care: When and Why It Happens

funeral planning timeline
funeral planning timeline
funeral planning timeline

Feb 20, 2024

Funeral Planning Timeline: How Long Does it Really Take?

writing a heartfelt obituary for your husband
writing a heartfelt obituary for your husband
writing a heartfelt obituary for your husband

Feb 15, 2024

Writing a Heartfelt Obituary for Your Husband: Inspiring Examples

planning your funeral
planning your funeral
planning your funeral

Feb 14, 2024

Planning Your Funeral: The Best Age To Start

crafting a loving obituary for your son
crafting a loving obituary for your son
crafting a loving obituary for your son

Feb 14, 2024

Crafting a Loving Obituary For Your Son: Meaningful Examples

improving communication between caregivers and doctors
improving communication between caregivers and doctors
improving communication between caregivers and doctors

Jan 18, 2024

Improving Communication Between Caregivers and Doctors

copy of a death certificate
copy of a death certificate
copy of a death certificate

Nov 29, 2023

Can Anyone Get a Copy of a Death Certificate? Who Is Authorized?

original death certificate vs. certified copy
original death certificate vs. certified copy
original death certificate vs. certified copy

Nov 25, 2023

Original Death Certificate vs. Certified Copy: Key Differences And Why They Matter

handle negative aspects of the deceased's life in a eulogy
handle negative aspects of the deceased's life in a eulogy
handle negative aspects of the deceased's life in a eulogy

Nov 25, 2023

How Do You Handle Negative Aspects of the Deceased's Life in a Eulogy?

more then one eulogy at a funeral
more then one eulogy at a funeral
more then one eulogy at a funeral

Nov 25, 2023

Can There Be More Then One Eulogy at a Funeral? Etiquette Explained

parent retirement pension
parent retirement pension
parent retirement pension

Nov 24, 2023

My Dad Died, Can I Get His Retirement Pension?

death certificate copies
death certificate copies
death certificate copies

Nov 24, 2023

How Many Copies of a Death Certificate Should You Get?

can a eulogy be funny
can a eulogy be funny
can a eulogy be funny

Nov 24, 2023

Can a Eulogy Be Funny? Yes, Here Are 10 Respectful but Funny Examples

receive inheritance money without any issues
receive inheritance money without any issues
receive inheritance money without any issues

Nov 24, 2023

How Do You Receive Inheritance Money WITHOUT any issues?

tax refund of a deceased person
tax refund of a deceased person
tax refund of a deceased person

Nov 17, 2023

Who Gets The Tax Refund of A Deceased Person? An Accountant Answers

how to start a eulogy
how to start a eulogy
how to start a eulogy

Nov 17, 2023

How To Start a Eulogy: 15 Heartfelt Examples

son talking to elder parents seriously
son talking to elder parents seriously
son talking to elder parents seriously

Nov 14, 2023

How To Discuss End-of-Life Care With Parents (Simple Guide)

how to cancel a deceased person's subscriptions
how to cancel a deceased person's subscriptions
how to cancel a deceased person's subscriptions

Nov 14, 2023

How To Cancel a Deceased Person's Subscriptions the EASY Way

what should you not put in a eulogy
what should you not put in a eulogy
what should you not put in a eulogy

Nov 8, 2023

What Should You Not Put in a Eulogy (9 Things To Avoid)

how are estates distributed if there's no will
how are estates distributed if there's no will
how are estates distributed if there's no will

Nov 7, 2023

How Are Estates Distributed If There's No Will? A Lawyer Explains Intestate

microsoft word obituary template
microsoft word obituary template
microsoft word obituary template

Nov 6, 2023

Does Microsoft Word Have an Obituary Template?

how to post an obituary on facebook
how to post an obituary on facebook
how to post an obituary on facebook

Nov 6, 2023

How To Post an Obituary on Facebook: A Step-by-Step Guide

death certificate for estate & probate process
death certificate for estate & probate process
death certificate for estate & probate process

Nov 6, 2023

Why Do You Need A Death Certificate For Estate & Probate Process?

correct errors on a death certificate
correct errors on a death certificate
correct errors on a death certificate

Nov 2, 2023

How Do I Correct Errors on a Death Certificate? And, How Long Does It Take?

steps for writing a eulogy for mom
steps for writing a eulogy for mom
steps for writing a eulogy for mom

Nov 2, 2023

12 Steps For Writing a Eulogy For Mom

steps for writing a eulogy for dad
steps for writing a eulogy for dad
steps for writing a eulogy for dad

Nov 2, 2023

12 Steps for Writing a Eulogy for Dad

who does the obituary when someone dies
who does the obituary when someone dies
who does the obituary when someone dies

Nov 1, 2023

Who Does The Obituary When Someone Dies?

Nov 1, 2023

How Late Is Too Late For An Obituary? 6 Steps To Take Today

how-much-does-obituary-cost
how-much-does-obituary-cost
how-much-does-obituary-cost

Nov 1, 2023

How Much Does It Cost To Publish An Obituary? Breaking It Down

reasons you need an obituary
reasons you need an obituary
reasons you need an obituary

Nov 1, 2023

6 Reasons You Need an Obituary (Plus 6 Reasons You Don't)

where do you post an obituary
where do you post an obituary
where do you post an obituary

Oct 30, 2023

Where Do You Post an Obituary: A Step-By-Step Guide

obituary vs death note
obituary vs death note
obituary vs death note

Oct 30, 2023

Obituary vs Death Note: What Are the Key Differences?

buying a house with elderly parent
buying a house with elderly parent
buying a house with elderly parent

Oct 5, 2023

Buying A House With Elderly Parent: 10 Things To Know

trapped caring for elderly parents
trapped caring for elderly parents
trapped caring for elderly parents

Sep 14, 2023

I'm Trapped Caring for Elderly Parents

401k and minors
401k and minors
401k and minors

Oct 5, 2023

401(k) and Minors: Can a Minor be a Beneficiary?

How-to-Self-Direct-Your-401k
How-to-Self-Direct-Your-401k
How-to-Self-Direct-Your-401k

Sep 12, 2023

How to Self-Direct Your 401(k): Take Control of Your Retirement

grandparents
grandparents
grandparents

Aug 3, 2023

The Ultimate Guide to Decluttering and Simplifying Your Home as You Age

Aug 3, 2023

The Essential Guide to Preparing for Retirement

Estate Planning For Blended Families (Complete Guide)
Estate Planning For Blended Families (Complete Guide)
Estate Planning For Blended Families (Complete Guide)

Aug 3, 2023

Estate Planning For Blended Families (Complete Guide)

Estate Planning For Physicians (Complete Guide)
Estate Planning For Physicians (Complete Guide)
Estate Planning For Physicians (Complete Guide)

Aug 3, 2023

Estate Planning For Physicians (Complete Guide)

are you legally responsible for your elderly parents
are you legally responsible for your elderly parents
are you legally responsible for your elderly parents

Jul 14, 2023

Are You Legally Responsible For Your Elderly Parents?

Multi-generational family walking through a field
Multi-generational family walking through a field
Multi-generational family walking through a field

Jun 7, 2023

How To Travel With Elderly Parent: Here's How to Prepare

Retirement center
Retirement center
Retirement center

Jun 6, 2023

Checklist For Moving A Parent To Assisted Living

Elderly parents with son
Elderly parents with son
Elderly parents with son

Jun 6, 2023

How to Set Up A Trust For An Elderly Parent: 6 Easy Steps

Daughter helping her mom review paperwork
Daughter helping her mom review paperwork
Daughter helping her mom review paperwork

Jun 6, 2023

How To Stop Elderly Parents From Giving Money Away (9 Tips)

Elderly parents signing documents
Elderly parents signing documents
Elderly parents signing documents

Jun 6, 2023

Should Elderly Parents Sign Over Their House? Pros & Cons

A couple looking at their computer
A couple looking at their computer
A couple looking at their computer

May 17, 2023

Estate Planning: A Comprehensive Guide

Helping elderly parents - the complete guide
Helping elderly parents - the complete guide
Helping elderly parents - the complete guide

May 2, 2023

Helping Elderly Parents: The Complete Guide

Family seated on sofa having a discussion
Family seated on sofa having a discussion
Family seated on sofa having a discussion

May 1, 2023

Trustworthy guide: How to organize your digital information

Person signing a document
Person signing a document
Person signing a document

Apr 15, 2023

Can My Husband Make a Will Without My Knowledge?

Son on father's shoulders
Son on father's shoulders
Son on father's shoulders

Apr 15, 2023

What is a Last Will and Testament (also known as a Will)?

A couple looking at a document with a calculator
A couple looking at a document with a calculator
A couple looking at a document with a calculator

Apr 15, 2023

Can A Wife Sell Deceased Husband's Property (6 Rules)

Paper shredding
Paper shredding
Paper shredding

Apr 15, 2023

Should I Shred Documents Of A Deceased Person? (5 Tips)

Can I Change My Power of Attorney Without A Lawyer?
Can I Change My Power of Attorney Without A Lawyer?
Can I Change My Power of Attorney Without A Lawyer?

Apr 15, 2023

Can I Change My Power of Attorney Without A Lawyer?

Can You Have Two Power of Attorneys? (A Lawyer Answers)
Can You Have Two Power of Attorneys? (A Lawyer Answers)
Can You Have Two Power of Attorneys? (A Lawyer Answers)

Apr 15, 2023

Can You Have Two Power of Attorneys? (A Lawyer Answers)

Do Attorneys Keep Copies Of a Will? (4 Things To Know)
Do Attorneys Keep Copies Of a Will? (4 Things To Know)
Do Attorneys Keep Copies Of a Will? (4 Things To Know)

Apr 15, 2023

Do Attorneys Keep Copies Of a Will? (4 Things To Know)

Estate Planning for a Special Needs Child (Complete Guide)
Estate Planning for a Special Needs Child (Complete Guide)
Estate Planning for a Special Needs Child (Complete Guide)

Apr 15, 2023

Estate Planning for a Special Needs Child (Complete Guide)

Estate Planning For Childless Couples (Complete Guide)
Estate Planning For Childless Couples (Complete Guide)
Estate Planning For Childless Couples (Complete Guide)

Apr 15, 2023

Estate Planning For Childless Couples (Complete Guide)

Estate Planning For Elderly Parents
Estate Planning For Elderly Parents
Estate Planning For Elderly Parents

Apr 15, 2023

Estate Planning For Elderly Parents (Complete Guide)

Woman talking with an advisor in a house
Woman talking with an advisor in a house
Woman talking with an advisor in a house

Apr 15, 2023

Estate Planning For High Net Worth & Large Estates

Estate Planning For Irresponsible Children (Complete Guide)
Estate Planning For Irresponsible Children (Complete Guide)
Estate Planning For Irresponsible Children (Complete Guide)

Apr 15, 2023

Estate Planning For Irresponsible Children (Complete Guide)

How To Get Power of Attorney For Parent With Dementia?
How To Get Power of Attorney For Parent With Dementia?
How To Get Power of Attorney For Parent With Dementia?

Apr 15, 2023

How To Get Power of Attorney For Parent With Dementia?

I Lost My Power of Attorney Papers, Now What?
I Lost My Power of Attorney Papers, Now What?
I Lost My Power of Attorney Papers, Now What?

Apr 15, 2023

I Lost My Power of Attorney Papers, Now What?

White house
White house
White house

Apr 15, 2023

Is It Better To Sell or Rent An Inherited House? (Pros & Cons)

Is It Wrong To Move Away From Elderly Parents? My Advice
Is It Wrong To Move Away From Elderly Parents? My Advice
Is It Wrong To Move Away From Elderly Parents? My Advice

Apr 15, 2023

Is It Wrong To Move Away From Elderly Parents? My Advice

Moving An Elderly Parent Into Your Home: What To Know
Moving An Elderly Parent Into Your Home: What To Know
Moving An Elderly Parent Into Your Home: What To Know

Apr 15, 2023

Moving An Elderly Parent Into Your Home: What To Know

Moving An Elderly Parent to Another State: What To Know
Moving An Elderly Parent to Another State: What To Know
Moving An Elderly Parent to Another State: What To Know

Apr 15, 2023

Moving An Elderly Parent to Another State: What To Know

What If Witnesses To A Will Cannot Be Found? A Lawyer Answers
What If Witnesses To A Will Cannot Be Found? A Lawyer Answers
What If Witnesses To A Will Cannot Be Found? A Lawyer Answers

Apr 15, 2023

What If Witnesses To A Will Cannot Be Found? A Lawyer Answers

A couple reviewing documents and signing them
A couple reviewing documents and signing them
A couple reviewing documents and signing them

Apr 15, 2023

What To Bring To Estate Planning Meeting (Checklist)

A couple in a meeting with a professional
A couple in a meeting with a professional
A couple in a meeting with a professional

Apr 15, 2023

When Should You Get An Estate Plan? (According To A Lawyer)

Which Sibling Should Take Care of Elderly Parents?
Which Sibling Should Take Care of Elderly Parents?
Which Sibling Should Take Care of Elderly Parents?

Apr 15, 2023

Which Sibling Should Take Care of Elderly Parents?

Who Can Override A Power of Attorney? (A Lawyer Answers)
Who Can Override A Power of Attorney? (A Lawyer Answers)
Who Can Override A Power of Attorney? (A Lawyer Answers)

Apr 15, 2023

Who Can Override A Power of Attorney? (A Lawyer Answers)

Can Power of Attorney Sell Property Before Death?
Can Power of Attorney Sell Property Before Death?
Can Power of Attorney Sell Property Before Death?

Apr 15, 2023

Can Power of Attorney Sell Property Before Death?

Person at a coffee shop using their laptop with a credit card in hand
Person at a coffee shop using their laptop with a credit card in hand
Person at a coffee shop using their laptop with a credit card in hand

Apr 15, 2023

Can The Executor Of A Will Access Bank Accounts? (Yes, Here's How)

Elderly parents working with a professional
Elderly parents working with a professional
Elderly parents working with a professional

Apr 15, 2023

Complete List of Things To Do For Elderly Parents (Checklist)

Reviewing paperwork with lawyer
Reviewing paperwork with lawyer
Reviewing paperwork with lawyer

Apr 15, 2023

How To Get Power of Attorney For A Deceased Person?

Apr 15, 2023

How To Help Elderly Parents From A Distance? 7 Tips

Woman talking with her parents
Woman talking with her parents
Woman talking with her parents

Apr 15, 2023

Legal Documents For Elderly Parents: Checklist

House
House
House

Apr 15, 2023

Selling Elderly Parents Home: How To Do It + Mistakes To Avoid

Elderly woman who looks like she has a headache
Elderly woman who looks like she has a headache
Elderly woman who looks like she has a headache

Apr 15, 2023

What To Do When A Sibling Is Manipulating Elderly Parents

Two men reviewing paperwork
Two men reviewing paperwork
Two men reviewing paperwork

Apr 6, 2023

Can An Out of State Attorney Write My Will? (A Lawyer Answers)

People working at a computer, working on a stack of bills
People working at a computer, working on a stack of bills
People working at a computer, working on a stack of bills

Mar 15, 2023

Settling an Estate: A Step-by-Step Guide

Check on the table
Check on the table
Check on the table

Feb 10, 2023

My Deceased Husband Received A Check In The Mail (4 Steps To Take)

The Benefits of Working With an Experienced Estate Planning Attorney
The Benefits of Working With an Experienced Estate Planning Attorney
The Benefits of Working With an Experienced Estate Planning Attorney

Feb 7, 2023

The Benefits of Working With an Experienced Estate Planning Attorney

How To Track Elderly Parents' Phone (2 Options)
How To Track Elderly Parents' Phone (2 Options)
How To Track Elderly Parents' Phone (2 Options)

Feb 6, 2023

How To Track Elderly Parents' Phone (2 Options)

Someone filling out a social security benefits application form
Someone filling out a social security benefits application form
Someone filling out a social security benefits application form

Feb 1, 2023

Can You Collect Your Parents' Social Security When They Die?

Veteran Benefits book
Veteran Benefits book
Veteran Benefits book

Feb 1, 2023

How Do I Stop VA Benefits When Someone Dies (Simple Guide)

Person typing on a laptop with a credit card in hand
Person typing on a laptop with a credit card in hand
Person typing on a laptop with a credit card in hand

Feb 1, 2023

Can You Pay Money Into A Deceased Person's Bank Account?

Deleting A Facebook Account When Someone Dies (Step by Step)
Deleting A Facebook Account When Someone Dies (Step by Step)
Deleting A Facebook Account When Someone Dies (Step by Step)

Feb 1, 2023

Deleting A Facebook Account When Someone Dies (Step by Step)

Two people sitting across a desk speaking to each other with papers on desk.
Two people sitting across a desk speaking to each other with papers on desk.
Two people sitting across a desk speaking to each other with papers on desk.

Feb 1, 2023

Does The DMV Know When Someone Dies?

Gavel
Gavel
Gavel

Feb 1, 2023

How To Find A Deceased Person's Lawyer (5 Ways)

How To Plan A Celebration Of Life (10 Steps With Examples)
How To Plan A Celebration Of Life (10 Steps With Examples)
How To Plan A Celebration Of Life (10 Steps With Examples)

Feb 1, 2023

How To Plan A Celebration Of Life (10 Steps With Examples)

How To Stop Mail Of A Deceased Person? A Simple Guide
How To Stop Mail Of A Deceased Person? A Simple Guide
How To Stop Mail Of A Deceased Person? A Simple Guide

Feb 1, 2023

How To Stop Mail Of A Deceased Person? A Simple Guide

Social security card, 1040 form
Social security card, 1040 form
Social security card, 1040 form

Feb 1, 2023

How to Stop Social Security Direct Deposit After Death

Firearm
Firearm
Firearm

Feb 1, 2023

How To Transfer Firearms From A Deceased Person (3 Steps)

How To Write An Obituary (5 Steps With Examples)
How To Write An Obituary (5 Steps With Examples)
How To Write An Obituary (5 Steps With Examples)

Feb 1, 2023

How To Write An Obituary (5 Steps With Examples)

Unlock iPhone When Someone Dies (5 Things To Try)
Unlock iPhone When Someone Dies (5 Things To Try)
Unlock iPhone When Someone Dies (5 Things To Try)

Feb 1, 2023

Unlock iPhone When Someone Dies (5 Things To Try)

Close-up of a tire on silver car on a road
Close-up of a tire on silver car on a road
Close-up of a tire on silver car on a road

Feb 1, 2023

What Happens To A Leased Vehicle When Someone Dies?

Do Wills Expire? 6 Things To Know
Do Wills Expire? 6 Things To Know
Do Wills Expire? 6 Things To Know

Jan 31, 2023

Do Wills Expire? 6 Things To Know

Person typing on a laptop
Person typing on a laptop
Person typing on a laptop

Jan 31, 2023

How To Get Into a Deceased Person's Computer (Microsoft & Apple)

Fingerprint documentation
Fingerprint documentation
Fingerprint documentation

Jan 31, 2023

Why Do Funeral Homes Take Fingerprints of the Deceased?

Foreclosure in front of a home
Foreclosure in front of a home
Foreclosure in front of a home

Jan 31, 2023

What To Do If Your Deceased Parents' Home Is In Foreclosure

Questions To Ask An Estate Attorney After Death (Checklist)
Questions To Ask An Estate Attorney After Death (Checklist)
Questions To Ask An Estate Attorney After Death (Checklist)

Jan 31, 2023

Questions To Ask An Estate Attorney After Death (Checklist)

Woman looking stressed while holding a document at her computer
Woman looking stressed while holding a document at her computer
Woman looking stressed while holding a document at her computer

Jan 31, 2023

What Happens If a Deceased Individual Owes Taxes?

Elderly people talking with professional
Elderly people talking with professional
Elderly people talking with professional

Jan 31, 2023

Components of Estate Planning: 6 Things To Consider

What To Do If Insurance Check Is Made Out To A Deceased Person
What To Do If Insurance Check Is Made Out To A Deceased Person
What To Do If Insurance Check Is Made Out To A Deceased Person

Jan 22, 2023

What To Do If Insurance Check Is Made Out To A Deceased Person

Scattered photograph negatives
Scattered photograph negatives
Scattered photograph negatives

Jan 8, 2023

What Does a Typical Estate Plan Include?

Can I Do A Video Will? (Is It Legitimate & What To Consider)
Can I Do A Video Will? (Is It Legitimate & What To Consider)
Can I Do A Video Will? (Is It Legitimate & What To Consider)

Apr 15, 2022

Can I Do A Video Will? (Is It Legitimate & What To Consider)

Estate Planning For Green Card Holders (Complete Guide)
Estate Planning For Green Card Holders (Complete Guide)
Estate Planning For Green Card Holders (Complete Guide)

Apr 15, 2022

Estate Planning For Green Card Holders (Complete Guide)

Chair in a bedroom
Chair in a bedroom
Chair in a bedroom

Mar 2, 2022

What Does Your “Property” Mean?

Gavel
Gavel
Gavel

Mar 2, 2022

What is the Uniform Trust Code? What is the Uniform Probate Code?

Female statue balancing scales
Female statue balancing scales
Female statue balancing scales

Mar 2, 2022

Do You Need to Avoid Probate?

Person signing document
Person signing document
Person signing document

Mar 2, 2022

How is a Trust Created?

stethoscope
stethoscope
stethoscope

Mar 2, 2022

What Are Advance Directives?

Couple standing on the beach
Couple standing on the beach
Couple standing on the beach

Mar 2, 2022

What does a Trustee Do?

Large house exterior
Large house exterior
Large house exterior

Mar 2, 2022

What is an Estate Plan? (And why you need one)

Gavel
Gavel
Gavel

Mar 2, 2022

What is Probate?

United States Map
United States Map
United States Map

Mar 2, 2022

What Is Your Domicile & Why It Matters

Man organizing paperwork
Man organizing paperwork
Man organizing paperwork

Mar 2, 2022

What Is a Power of Attorney for Finances?

A baby and toddler lying on a bed
A baby and toddler lying on a bed
A baby and toddler lying on a bed

Mar 1, 2022

Should your family consider an umbrella insurance policy?

Woman typing on laptop on a table with tea, plant, notebooks
Woman typing on laptop on a table with tea, plant, notebooks
Woman typing on laptop on a table with tea, plant, notebooks

Mar 1, 2022

Do I need a digital power of attorney?

Person signing documents
Person signing documents
Person signing documents

Apr 6, 2020

What Exactly is a Trust?