This On Demand was originally recorded on 25/05/2023.
Embark on a journey through the intricate world of family financial assistance. We explore various scenarios where parents and family trusts assist children in purchasing their first homes. From structuring options to legal pitfalls, tax implications, and conflict-of-interest considerations, the presenters provide a detailed analysis of the challenges and solutions involved in these complex transactions. Whether it’s understanding the dangers of unwritten agreements, navigating the bright-line test, or balancing the interests of family trusts, they offer invaluable insights for legal professionals, trust administrators, and families alike.