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Thanks Paul and Terry.

On assert protection, what happens in the event the parents were to divorce? Would the partner have the right to come after the gifted money? For example house in the mums name and is then sold and gifted. 5 years later the parents divorce and are splitting the estate. Would the father have...

Like always great reply Paul and thanks for responding so quickly. The key issue of loss of capital, can anything be done about that? I mean if your parents gifted you the money and you then went and invested poorly or gambled and drank it away, fact is it is gone. What about marriage...

Hey All, Quick question. What considerations need to be made if your parents were to gift you and your sibling the sale proceeds of one of their properties? What are the considerations for the parents? Keeping in mind they have enough income producing assets to fund retirement. Are there...