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104407
Individual Podcasts

The ABCs of Parent to Child Loan Agreements

Inter-generational loans are becoming more common as a result of reduced housing affordability and a tightening economy. While the temptation can be to adopt a “she’ll be right attitude”, experience indicates that a well-drafted comprehensive written agreement will withstand the t

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About the Podcast

Inter-generational loans are becoming more common as a result of reduced housing affordability and a tightening economy. While the temptation can be to adopt a “she’ll be right attitude”, experience indicates that a well-drafted comprehensive written agreement will withstand the test of time.   This session will provide a guide to documenting and drafting water-tight loan arrangements, including:

  • The preliminaries – who is my client? Loan or gift?
  • A checklist of document essentials
  • Risk management provisions including:
    • Taking security
    • Interest payments
    • Term of loan
    • Repayment
  • How to draft for asset protection in the event of relationship changes
  • Factoring in the impact of aged care, incapacity or death on the loan arrangement
  • Dispute resolution processes and enforceability issues
  • Liabilities, financial implications and taxation consequences
  • Updating estate planning arrangements to reflect the loan.

Presented By

Stefan Manche
Principal Lawyer, Coulter Legal Geelong, Vic

Stefan is a Principal Lawyer and Head of the Wills, Estates and Succession Planning team at Coulter Legal. Stefan has significant expertise in wills, succession planning and estate disputes from eleven years of practice within legal and multidisciplinary teams in Geelong and Melbourne.

His experience also spans powers of attorney, guardianship and administration applications, superannuation planning and disputes, family trust succession and advice and estate administration.

Stefan leads the team of dedicated Wills and Estates experts at Coulter Legal which provides services across the full spectrum of estate planning, estate administration and estate dispute matters. Stefan and the team are committed to providing holistic services to their clients and are very proud of the team’s new podcast “Where there’s a Will there’s a Way”.

CPD Information

0.7 CPD units

Enquiries/Assistance

If you need assistance or have an enquiry, please do not hesitate to contact us, on (03) 8601 7700 or email: [email protected]

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