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A gift or a loan? Financial assistance from the ‘The Bank of Mum and Dad’

A gift or a loan? Financial assistance from the ‘The Bank of Mum and Dad’

by Erika Hanrahan | Jul 20, 2023 | Estate Planning, Family Law, News, Property

With increasing financial burdens on the cost of living, it is not uncommon for individuals to seek financial assistance from relatives. Many individuals may turn to the ‘Bank of Mum and Dad’ for money to assist in the purchase of a property, vehicle, or other asset....

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We acknowledge the Dharawal people as the Traditional Owners of the land within the Sutherland Shire. We respect the Dharawal culture, language and traditions. We acknowledge the Dharawal people’s past and continuing connection to the land, sea and community.

Privacy Policy

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