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Family Law Implications of Intergenerational Wealth Transfers


Sarah Boyle, a partner in our Family Law Group, wrote an article for Lexpert on the implications of intergenerational wealth transfers. 

High rates of separation require the proactive review of family law implications of wealth transfers.

With increased cost of living, high interest rates, inflation and a housing market that is increasingly inaccessible to buyers, intergenerational wealth transfers are on the rise.

While inheritances are commonly used to facilitate intergenerational wealth transfers, we are increasingly seeing inter vivos gifts, loans, income subsidization through allowances and income generating gifts, children being added as shareholders to family businesses and as beneficiaries of trusts, the transfer of property to children, and estate freezes. 

To read the full article, please visit the Lexpert website.