Can I help my kid with their first mortgage?
Getting into the house market these days is hard. Here are four ways parents can help their adult children and some things to think about before they hand the money over.
When someone gifts money or assets to another, it is not uncommon that a third party may question that transaction and claim it wasn’t intended as a gift. Documenting your intentions through a deed of gift when you make a gift of money is one way to avoid messy legal challenges.