How To Give To Your Kids, But Not Their Spouse/Partners

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Devry Smith Frank LLP

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Since 1964, Devry Smith Frank LLP – conveniently located in Whitby, Barrie and headquartered in the Don Mills area of Toronto, has been a trusted advisor and advocate for corporations, individuals, and small businesses. Our full-service Canadian law firm is comprised of over 175 dedicated legal and support staff, delivering personalised and transparent legal expertise in virtually every area of law.
With the prices of everything going up, especially the costs of first-time homes, but also care, furniture and even diapers, many parents of adult children may find it necessary to help out their kids as they "get started" and ...
Canada Family and Matrimonial

Podcast #71 – How to Give to Your Kids, But Not Their Spouse/Partners

With the prices of everything going up, especially the costs of first-time homes, but also care, furniture and even diapers, many parents of adult children may find it necessary to help out their kids as they "get started" and are having trouble making ends meet, making financial plans for the future, or getting that first home to get into the real estate market. While many older parents want to help out their kids financially, for a variety of reasons, they may not want to help out the spouses of their kids.

In this Podcast, Family Lawyer, John Schuman explores some ways that parents can help out their adult children without also giving it to their children's spouses or partners.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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