Financial Review

What’s the fairest way to give my kids money for a house deposit?

Gifting equally is likely to reduce the risk of resentment and family conflict. That might mean adjusting for inflation.

Penny Wise
Dear Ms Wise, we have three children aged 24, 30 and 35. Eight years ago we gave our eldest $80,000 to help buy her first property. We’d like to give the same amount to our middle child this year.

 

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What’s the fairest way to give kids money for a house deposit?

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