Harry Gross writes about personal finance for the Daily News.
DEAR HARRY: Some time ago, I read one of your columns that had "Grossisms" in it. Some of them were great mini-lessons on rules of life. The one that got to me the most was, "Don't rust out, wear out."
DEAR HARRY: My wife and I are in our late 70s. Our major asset is our home. It's worth somewhere in the mid-six figures. We have three children and 10 grandchildren. We would like our home to be sold and the proceeds divided 75 percent to our children and 25 percent to our grandchildren. However, we have one very devoted grandchild whose name we would like to put on our deed to the house.