Parents suing their children for repayment of loans to buy property.
A Melbourne woman has sued her architect son over a $500,000 house loan, the latest case in what experts say is a rising trend as more parents aim to help their children climb the property ladder. In the past two months, County Court judges have handed down two judgments in favour of parents in disputes with their children over whether money for a property purchase was a loan or a gift. To read the entire article by Allison Worrall in The Age, please click here.