SMSFs are known for letting you invest in just about anything, but don't think you can
this means you can buy a house for your kids under the guise of an investment.
bank of mum and dad
Showing 21 to 28 of 28 results tagged bank of mum and dad:
Lou is desperate to go caravanning with her dogs and is considering selling the house to pay for her adventure, but Paul Clitheroe has a different suggestion.
If you were told, as a teenager, that you would grow up to open your own bank, you'd probably start picturing mansions and Maseratis.
What can you do when your grown kids say they are living at home to save money but instead have great wardrobes and take expensive holidays?
Dozens of health insurers are lobbying the government to allow children to stay on their parents' insurance until 30, so what does the Bank of Mum and Dad have to say?
So you've helped out one of your children with a house deposit or private school fees for the grandkids, but how do you make things equal with your other kids?
The bank of mum and dad is under threat, with some banks refusing to lend to borrowers who have been gifted a chunk of their deposit.
As many as one in three parents give children a home deposit, and some lie to lenders about whether this money is a loan or a gift. This is dangerous.
