Hi all,
Thanks for being so helpful to all posts here.
I needed guidance for a matter. My sister-in-law is differently abled (due to a neuro tumour followed by surgery at a young age) and my mother-in-law is getting old. My mother-in-law wish to put her flat as a security for the looking after of her daughter so that whoever looks after her can use the flat as a collateral. They are six sisters in the family (without any son) and all are well-off.
Wanted to know what might be her options to have a feeling of security regarding the looking-after of the youngest daughter who is differently abled.
So far I have been helping her in terms of looking after and taking to different hospitals for a stable treatment.We aresure that meand my wife will continue to look after without any collateral. However, she feels that putting something as a collateral/security/surety might be better.
Looking forward for your valuable suggestions.
Regards,
