Takeover of the parental home + extension for parents

You could also actually buy the house from your parents.
Then it would no longer be your responsibility to pay out your brother.

So I suspect the house will be worth about €200,000 (my parents want to have the house appraised next week, but let's assume €200,000). My partner and I have about €150,000 in equity. If we were to buy the house from my parents now, we could move into the house and they could finance the extension with the money. But that wouldn’t make sense either, because then they would own property again (keyword: care case and so on...). If we were to pay for the extension on top of that, my parents would end up with €200,000 in the bank in an extension and could, for example, pay us rent? We also still have to pay for the renovation/remodeling of the parental home. We would want to basically redo everything (ceilings, floor tiles, underfloor heating, bathrooms, etc.).

I feel like my head is tied in knots but I just can't get it straight right now.

Would such a construction project even fit on the plot? What does the development plan say about 2 residential units?
Check all that out first.
And then look at how many square meters you can add from a financial perspective.
80 sqm also costs €150,000.

Why aren’t the parents allowed to have property anymore?
Do they already know about their "luck"?

Yes, the construction project would work, and we have already spoken with the church once. I think my parents would need about 70 sqm. Of course, they know about their luck. We have been talking about this for 2 years...

I just gathered a few reading tips on this topic: -- --

Because in the case of care – unless one is a self-payer – assets that exist or were transferred less than ten years ago are taken into account.

Thanks a lot for the links! I’m going to check them out now.

So your parents could also spend it. Besides, [warning: personal opinion], I think it’s pretty antisocial if someone actually has or had assets and does everything possible to avoid paying for care in old age. Instead, the society does.

Otherwise, your parents can simply gift the 200k to you. Then your brother has 100k, you have a total of 250k, and can finance the extension and renovation. Your parents receive a non-inheritable right of residence and only pay their incidental costs.

In total, you simply lack the money to carry out the plan. With your cash, you can pay off the brother and renovate the parental home. The parental home is worth too little to realize the extension through its mortgage. By the way, this does not represent a profit for you children if the parents are then allowed to live there rent-free. Or in other words: For your inheritance share of €100,000, you will not get an extension done. Apart from the fact that it is nasty, as already mentioned before.

Actually quite simple: You receive the house valued at €200,000 as a gift, the brother is paid €100,000 by you. The rest is covered by a new mortgage in your name and the parents pay rent. Do the parents still have sufficient income for that?

But: How old are the parents and how soon do you expect them to need care? What happens if, for example, the parents have to move out in 15 years and the annex remains empty? Renting to strangers is okay with you? Make sure there is sufficient (structural) separation from the annex.

In other words:
Minus the €100,000 share for the brother, you have €50,000 left to both extensively renovate a house and manage an extension.
Now you need to plan in detail what all this is going to cost. And how much loan you can take out with your income. I'll say off the top of my head €250,000 and up.

Why should the parents give away their house and then still pay rent? I wouldn't see that as reasonable. Do care-dependent people reliably pay rent?

It's simply a crazy idea. Just take out a care supplemental insurance and divide the costs by three if you're so afraid.