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Lending to family members: How to avoid the pitfalls

Lending to family members: How to avoid the pitfalls

by ADLV Law Team | 8 - 61, 8 - Pass on your wealth (including EP)

So you want to help a family member under financial strain? What starts out with the best intentions can soon result is family disharmony. Confusion about whether the advance is a loan or gift can quickly result in argument. The tragedy is that this is so easy to avoid if you take some simple precautions from the outset.

“Show me the money!”: Tread carefully with loans to children

“Show me the money!”: Tread carefully with loans to children

by Andreyev Lawyers | 8 - 61, 8 - Pass on your wealth (including EP), Blog, Individual Interest, Marketing, Newsletters

People are more aware – and wary – than ever of family law issues in relation to their assets. More and more couples seek binding financial agreements to protect their assets, or put off living together or marrying to minimise their financial exposure.

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Sometimes successful people hit a legal issue that starts to hold them back. We put a great lawyer on your team to help you find the solution, so you can move forward with confidence.

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