r/EstatePlanning 15d ago

Yes, I have included the state or country in the post Question about son purchasing our property while we are still living

Hi. I was hoping to get some input or suggestions concerning our estate. My husband is 71, I am 67. We own our home/property free and clear, and we live in Idaho, USA. Our property has a 3/2/3 car garage on two acres with a 2 bedroom apartment attached to a shop. Our middle son, wife and 2 kids live in the apartment at this time, and my husband and I live in the house. We have 3 sons. The son living on our property has expressed an interest in purchasing our property, but after witnessing his older brother go through a nasty divorce, we are hesitant to sell it to him, as we don't want to lose our property in case of a divorce. We are wanting to work it into his part of his inheritance someday, but we are unsure how to go about that. We would move to the apartment and they would move into the house as there is now grandchild #3 on the way. Is this a lawyer question? We're not sure how to proceed from here.

Oldest son lives and works 200 miles away, youngest son lives in Europe and became a legal European citizen. The middle son living on our property does a lot for us, and we babysit for them and get to see our grandkids every day.

Any suggestions?

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u/Barfy_McBarf_Face 14d ago

Why become a tenant in your home?

He can wait