- For Love & Money is a column from Business Insider by answering your relationship and money questions.
- This week, a reader made an oral deal to rent their son’s CONDO for $ 200,000.
- Our columnist says this is a chance to get close to their bride.
- Do you have a question for our columnist? Write for love and money using this form Google.
Loved for love and money,
I did an oral deal with my son that I will pay him $ 2,000 a month to rent his condo. I paid for money in the amount of $ 200,000, so I could live in Condo for about 10 years or until I died.
I did this because I’m 88, I can’t see and have a hell of a time doing online business. The front payment made my life simpler.
Recently, my son died. His wife wants to enter $ 200,000, which is currently on probation. Should I make a new agreement with the woman, or ask her to reimburse the unused rental payments so we can sign a real rental agreement? Can she force me and hold the money?
Honestly,
Zero
Loving zero,
I am very sorry for your loss. No parent should ever bury a child. I can only imagine how difficult this should be for you.
Grief makes us feel powerless, because what is a tragedy if not the harshest memory that, after all, we are not in control? This painful recognition is scary, even to the point of paranoia from time to time. Can make us see loved loved ones as possible threats.
I don’t know if this is the case with your bride. You did not say what your relationship looks like, but that relationship – whether loving, supportive, close, or not – is the answer to your question.
You pay your son all the rent ahead, and that money now belongs to his wife. Without lease agreement, technically, it can probably take you out and keep the money.
However, with the mass warning that I have never met your bride, I have a difficult time believing that she will steal an 88-year-old money of their rent and take them into the street, especially when she raised her late husband.
To do this, she should be a truly evil person. Did your son marry someone like that? If the answer is no, I don’t think you have to worry about your living situation.
If you are not sure, start by looking for a more official contract. You can frame it as an unfinished task – something you and your son have always thought to achieve, but you have never done enough.
However, remember that you are both sad. She lost her husband. You lost your son. There are few, if there are, other people in the world who are experiencing his loss as sharp as both. While working on resolving the financial logistics of housing, life insuranceAnd the planning of assets, try to work through it together. Use your common grief and wars – financial and otherwise – that accompany it to grow closer.
As you discuss her plans, Condo is sure to come out. You will either be sure of what she tells you, or you will know that it’s time to start looking for a new place and start making the topic of those unused leased payments. Either way, the conversation will grow from the land of friendship and mutual support, not from anxiety and distrust.
If you are close enough with your bride to be sure she is reliable, you can always go out and ask if she is okay with the continuation of the deal you had with your son. As long as you do not get out of the charge or in advance with her decision, I’m sure she will understand your need to clarify your living situation.
However you decide to address it, remember that your mind peace does not have to dedicate another child to you. Your son would not have loved him for either of you.
Rooting for you,
For love and money
Are you looking for tips on how savings, debt or other financial challenge are affecting your relationships? Write about love and money using This form of Google.