Can we give money to our children to help with a home purchase?

Buying a home for young people today sometimes requires help from family members to meet all the costs. Jack Lumsden, CFP® professional can help answer questions.

When meeting with clients, a common question we hear is “Can we give money to our children to help with a home purchase?” With real estate prices today, the only way many young adults can afford to purchase a home is with the help from other family members such as parents or grandparents. People often […]