As Gary Shaffer writes, when there are no kids, this is usually an easy decision. But life isn’t always neat, and when there are children and limited resources, keeping the family home may be the best way to harness those resources and maintain stability.
The stars need to line up for this to work, and no arrangement is perfect. But this can still be much cheaper than:
- Selling the home;
- Splitting the proceeds;
- Paying taxes on them; and
- Finding two separate dwellings in the same neighborhood.
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