How to Lend Money to Your Kids Safely
With property prices still out of reach for many first home buyers, more Australian parents are stepping in to help with a deposit. But money handed over without clear terms is usually treated as a gift, which can leave your own savings exposed if your child’s relationship ends or their finances take a turn. This guide explains why a properly documented loan can offer better protection, what courts look for, and what to check with lenders, lawyers and advisers before you transfer a cent.
