End of chapter, parents house is sold.
dedtired
14 days ago
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BLA - the final chapter
Comments (2)I'm a bit late at seeing this Audric but thanks for the update. It is indeed unbelievable that it was four years since you went up to take your passion seriously, seriously. I have no doubt that you will take your enthusiasm with you to any job that comes your way, the Tim Horton's gig might be a game changer as they say or it might just look good on your resume. You parents garden has certainly taken on a different look from the one you presented (jeez how many?) years ago. Bon chance Audric....See Morenext chapter
Comments (27)Hi - I don't know all your history but have kind of been following your plight. I think I've pretty much pieced the story together now based on this thread. I admire what you're doing to start a new life. I have always pretty much been at least an equal breadwinner in our household which gives a certain peace of mind if the marriage were to implode. I've often wondered how people handle things if they've been out of the workforce as it seems you have been and then there's an implosion. I feel like I'm now learning first hand. I think some people feel trapped in this situation. It sounds like you didn't and have been determined to start a new life no matter how difficult. I wish you the best....See MoreWood Floor Alternative, Higher End Home
Comments (62)This thread is a replay of everything I've thought about for the last three months while deciding on new flooring. Thank you for all the great pros and cons on this topic. It's been over a year since this thread started...has anyone purchased new flooring in the last year and if so what did you choose? Key west: have you enjoyed your LVP? Any suggestions on brand etc? We're in N FL coastal region so many of your needs are spot on in our decision process. I'm looking at NAF, Hallmark and Marcello engineered and some high quality gorgeous lvp's....See MoreBuying a parent's home
Comments (19)From a math standpoint, assuming your mom wants to divide her estate equally among you: The house is worth $625K. That's $208K each. If you purchase it for $475K, that's a $150K discount. So when mom dies, you should get $150K less than each of your brothers does. If there is $500K in her estate, then you would get $66K, and they would each get $217K. The fairness concern might arise if there is a smaller amount left, say $200K. Then if your brothers each got $100K, you previously got $150K, so they might cry foul. If you want to complicate things in the name of fairness, mom could require that you pay the $150K into her estate upon her death, then the proceeds be split 3 ways. So if she has $500K left, you all split $650K (you net $66K as above). And if she has $200K left, you all split $350K. Which means you get $116K-150K, or in other words, you would pay your brothers $17K each. In my opinion, neither you nor your brothers should feel entitled to anything of mom's, or require her to be "fair." She doesn't have to split things equally upon her death, and she can give unequal gifts to her children while she is alive. You all should treat any inheritance as a happy surprise, and not get caught up in the equality or lack thereof. That's your best bet for ensuring your relationships with each other remain strong and healthy. And if it's really not the ideal house for you, buy something else. That will avoid any fighting....See MoreKitchenwitch111
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