My 65 year old Mom has had a life long spending problem.
My 65 year old Mom has had a life long spending problem. Often getting herself into predicaments that she needs bailing out of. This has cause much friction in our family over the years. She is on a very limited government penion (OAP)We are very concerned that now that her home is paid off that she will take money out against it. We were also stunned to find out that she got a credit card last month which she had already maxed. She recently suggested putting my name on her house and my question is would that be safe for my financial situation? Also by putting my name on the house would that rotect her from doing anything that could further hurt her situation.