Hello, I am posting here as a guest, so thank you in advance for any input.
My partner (75M) is in charge of a family trust set up by his father many years ago. The father owned a duplex and lived in one side and his daughter (partner’s sister (66F)) lives in the other side. The sister is mentally challenged and her father set up the trust to ensure his daughter was housed for her lifetime. My partner cared well for his sister for many years. My partner is now very ill and will not live long. His daughter and her husband are willing to move into the duplex to care for the sister, but they want to renovate the side they would occupy (it needs work). Can the daughter and her husband get a renovation loan on property they do not own? If no, can the trust be changed while my partner is still alive so the person on the deed is his daughter? Thank you!
