Estate planning

Estate planning for multigenerational living arrangements


Many people today live in multigenerational homes, where children, parents, and sometimes grandparents coexist. With multiple generations living in the same home, complex issues can arise. Increasing real estate costs, increasing childcare costs, increasing costs of nursing homes, increasing opportunities for remote work, and the changing landscape of work and education due to the Corona virus, have led to the emergence of more multigenerational families.

These living situations can raise questions, such as whether the grandfather pays for the in-laws’ apartment in his child’s estate, and who owns the property; Or, if an adult child living with elderly parents contributes to property modernization, maintenance or care services for elderly parents, does this lead to inequality in inheritance? All these questions can be answered in Estate planning Documents help family harmony.

Who owns the property: expect future problems


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