In this bonus episode of Billable Banter with Ballantyne Law, James explores an issue many families face today: parents advancing money to help their children into the property market.

While generous, these arrangements can cause disputes if they aren’t properly documented. James explains:

• The legal presumption of advancement (why the law assumes it’s a gift)
• How to clearly document whether funds are a gift or a loan
• When to consider a loan agreement or registering a mortgage
• How good documentation helps avoid costly disputes later on

If you’re considering advancing money to your children, listen in for practical steps to protect your family and your finances.

For tailored advice, contact Ballantyne Law today: https://ballantynelaw.com