Father recently passed and my brother is trying to tell the rest of us what we should do with dads estate and my very ALIVE mothers estate. To me, thats kinda messed up….. I have talked with mom about buying her house just to tell him to go suck it. Of course i do not have anywhere near the money needed. I do not want to take out a loan. I have talked with mom about giving her a certain amount of money per month (for x amount of years or death, whichever is first) allowing her to stay there until death, (even if i have paid for it in full) with me paying taxes and her just paying her utilities.
How could we legally go about doing this so my brother cant try to screw me in the end. (he already said he was going to contest her will… hope he does cause there is a clause that said if contested, the person contesting would get the share of a dead person. meaning nothing) This brother has always been horrible to her. Tells her he will come fix something then ghosts her. Says he will visit, doesnt show up. Tells her he didnt know about family dinners, when we talk about them in group chats. He has already threatened to not be my brother anymore if he doesnt get his way. He is about 15 years older than me, moved out before i started school and was never around while i was growing up. Its like i really didnt have a brother anyway.
Im guessing lawyers should be involved. What do we say to them? Should we just put it in a trust? Or property transfer and give her a lifetime estate? I just dont want to pay her all of these years and him to come back and take it from me.,. We are in Tennessee if that matters.
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source https://www.reddit.com/r/RealEstate/comments/1kuzck7/how_to_go_about_rent_to_own_with_family_and_them/
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