Dangers of informal “loans” from Mum and Dad

It is no secret that many young people are finding it increasingly difficult to “get on the property train” to buy their first home. They can’t save quickly enough to meet a deposit in the ever-increasing property market, even saving together as partners. Rents are high and the rental market tight. Mum and Dad have…(read the full article)

Informal Family Law Arrangements Fraught with Danger

Many people try to settle family law property settlements without formalising the arrangements. One may choose to “pay out” their ex-partner in an informal arrangement without obtaining court orders or making a Binding Financial Agreement. Informal arrangements are fraught with danger, however. Consider the following hypothetical situation. John had separated from his wife a few…(read the full article)