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Originally Posted by Ima saver
If she had just put the $600,000 in the bank, the interest it would generate could help her live without working. why didn't she pay cash for the condo since she had $600,000?
I don't think she can get the vehicle out of her name, once you co sign, you are liable for it. Make the son get a job and start paying his mother back. (easier said than done)
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Even worse than being the cosigner on the truck, she's the OWNER!
And I know, it could have been wonderful for her with the right advice, but none was ask for and none was given, MIL and her three siblings each inherited, only one has any of the money left and with the exception of the one who invested NONE of them are speaking anymore, money sure CAN be the root of all evil!
And BTW, thank you all so much for letting me ramble about this, typing it out really does help me immensly, it just boggles my mind.
As for not paying for the condo in full? Who knows, again I'm an outsider in this family, I'm very different and looked at with suspicion at times, they're all sure I came into this marriage wealthy and that I "bought" hubby which is a HUGE LAUGH, hubby and I work our butts off for what we have.
In fact just two months ago at Christmas MIL took my hubby aside and gave him a check for 300 for himself because I'm so mean with money!! ROTFLMAO!!! Hubby and I are a TEAM, in the truck on the way home he gave me the check for our savings!
kj