Advice from Amy Dickinson.
My husband and I have four adult children, all in college. I am the main breadwinner as a professional and business owner. My husband makes one-third of my income.
My mother-in-law has always favored Kristen, but is a wonderful presence for all of her grandchildren. The catch is that my mother-in-law wants us to also give her significant monies to fund Kristen’s education.This means her estate will go to the brother. Nothing will be left for our children.This situation could potentially end the relationship between her and our family, and yet I can’t seem to fathom using my hard-earned money to fund Kristen’s education based on her parent’s own negligence and selfishness.
If you truly want this cottage, then go ahead with the transfer. But be aware that there are many other cottages out there, offering you and your husband the opportunity to build fresh and unfettered experiences with your children.You cannot control or influence your mother-in-law’s estate planning.
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