Montana / Parents want to sell me the estate so they can enjoy the last few years.
My parents own property worth about $2m. They want to sell me that property for $300k so they can improve their second home in Florida and live the rest of their lives down there. I don't really see a down side to this except I have numerous siblings who are upset that the parents are selling me the property (none of the siblings have the means or the ability to live on that property due to it's remote location). I am retiring next year and this would be a good move for me. However; there is no Trust set up. They have a will - which I have no idea what is in it. I know they have difficult relationships with all of the children except me - mostly because I am the oldest and was very independent and took care of myself from an early age.
Is there any chance this could come bite me in the butt later on when they pass? Is there something I need to do to protect myself from any of my siblings who might raise a legal stink?