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If nothing is done to protect the bank of mum and dad, there is no guarantee that monies will not be treated as a shared asset in divorce and split with the child’s partner.
Conveyancing Associate Michelle Petersen details the various ways in which parents can protect the bank of mum and dad.
According to a recent study by Legal & General, over half of first-time buyers under 35 received a financial gift from the ‘Bank of Mum and Dad’ (BOMAD).
In this article, Conveyancing Associate Michelle Petersen details the different ways in which parents can help their child buy their first home.
In this Coffee Break Briefing , Malcolm Niekirk looked at the sort of issues that an insolvency professional may have to deal with when advising a distressed music festival. He discusses the realisable assets that may be found in a music...
