Money magazine Comments - Ask Paul: Give my sister $500k to live rent-free - or invest?

Comment by Myra B ()

Myra B () — Wed, 14 Jan 2026 17:04:36 +1100

You must trust your sister a lot more than I trust mine.

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Comment by Antonio Cuda ()

Antonio Cuda () — Wed, 14 Jan 2026 17:07:34 +1100

Hi Paul i am 76years old self funded retire o got three rentral I am thinking of seller them they are worth 1.5 million and give the money to to 7gramds kids and wait 5yearswhat put on for the pensionor wait under we pass away and leave to my 3kiks what do u think? I should do

thanks

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Comment by Anne Hunt ()

Anne Hunt () — Wed, 14 Jan 2026 21:38:57 +1100

Absolutely not .unless very very clear legal stuff in place .

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Comment by January Jones ()

January Jones () — Thu, 15 Jan 2026 09:42:25 +1100

Even if she trusts her sister can she trust the Defacto partner? The only real protection is to purchase a portion of the unit as tenants in common so that percentage is owned by her and can't be taken by the defacto in the event of a split.

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Comment by Robin Pankiw ()

Robin Pankiw () — Thu, 15 Jan 2026 18:15:00 +1100

Oh dear! You are dealing with two other people who are not legally married (which adds to the complexity legally). The best way to ruin any family relationship is to involve money - especially without really good legal advice and documentation. Don't do anything until you get a really good lawyer who specializes in such matters.

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