As a parent, you want to be able to help your children financially, and give them the best possible head start in life. But it is also necessary to safeguard your own financial well being in these situations. Stacks can help you put legal structures in place which protect both you and your child’s financial situations in the event of unforeseen circumstances.
Superannuation laws, rising house prices and relationship breakdowns mean that many parents need to consider how they can help their children financially.
Some of the key issues that parents and children should consider before parents lend financial assistance to their children include the following: