Mother plans on selling her home and using the money made to pay for an apartment I'm building for her next to my house. How do I structure this arrangement?
my mother is 84 and can no longer take care of herself. She is planning on selling her home and I am going to build a small apartment next to my house with a portion of her procedes or charge her rent to pay for the addition. The balance of the monies will be spent on her care. How can I structure this arrangement and what if the monies are used up and she needs additional care. thanks