The complexities of residing in a parent’s household

Question:My spouse and I are the two continue to doing work. We want to get

Question:My spouse and I are the two continue to doing work. We want to get into something a small scaled-down, but instead of acquiring a new home, we have determined to move in with my mother who is in her 80s and has begun to fall short a minimal in wellbeing and has stopped driving.

Her residence is paid out for, but wants quite a little bit of operate. My spouse and I advised her we would spend for the renovations, which will cost extra than $100,000 in accordance to estimates we acquired. She desires to preserve ownership of the house, but we want to get paid for the renovations.

What is the best way to do this to keep away from taxes and confusion when she passes or if we offer just before she passes?