I would greatly appreciate any advice/ideas from forum members - especially those have either done this before/set it up for others... The situation is: My wife's parents are both around 65 and would like to retire. They have very little by way of Super ($30k). They have a home worth $300k, no bank mortgage, but owe approx 150k to another family member (my Wife's uncle). The uncle needs his money so they have approached us to help out. What they have proposed to us is that we give them $150k, they then repay the Uncle the money owed. They then transfer the title to the house to our name (100%) on the understanding that they are permitted to live in the house "until they die", they will pay their own upkeep/outgoings, but not pay any rent to us. So putting it simply, we buy the house at half its value but in return forgo receiving rent payments. Options to effect this that I can see are: 1)option as proposed 2)they could leave the house in their name, but write in their will for my wife and I to receive it when they die 3)we could loan the money to them, but not require ongoing interest payments, instead capitalising the interest payable (basically a reverse mortgage) - only capping the loan amount (principle + interest payable) at the house value at the time of their passing. (to avoid the loan becoming higher than the house is worth) We keen to help and have the money available to help them out in our family trust, and are just looking at the best way to structure this, avoiding impacting their pension eligibility, and our tax position. Given the above, do you have a view on which of these (or an alternative) is the best option? many thanks for any thoughts/ideas..