To make a long story short. I live in California. My mother-in-law is a big time spender without any money. She has lots of debts due to frivolous spending. She recently has given up a leased car of which she can't afford to buy. Her only option then was to take the bus to work. My wife and I felt sorry for her and decided to give her our 2000 Sienna and refinanced the van using our names so her mother can pay low monthly payment (she can't even get a loan for it that was the reason why we had to). The woman eats out quite often and buys restaurant food to bring home (she can cook but admits she is lazy to cook) while my wife and I try to save every penny that we earn. Again to make the story short. We decided to help her further by putting the van under our Automobile insurance policy so that it would be counted as multiple car discount. It was agreed that she would pay her portion biannually. For the last year, I haven't seen one cent from her despite we present her the bill weeks prior to the due date. I wanted to confront her but my wife won't let me. This year my mother-in-law moved from our house and is living with her second daughter. The van still remains under our name. My question is: is it possible for my wife's mother to purchase auto insurance to cover for the van despite the loan is under our name? (oh yes, she never pays for DMV registration of the van neither. We do) I was told since the loan to the van and the registration are under our names, we have to provide insurance under our names as well.
Sorry, I'm not being ungrateful to my mother-in-law but I'm just fed up with her taking advantage of us while we don't even spend frivolously on toys for our 3 young children.
Sorry, I'm not being ungrateful to my mother-in-law but I'm just fed up with her taking advantage of us while we don't even spend frivolously on toys for our 3 young children.