Is it a gift or a loan when parents help kids buy a home? How to avoid family fights over money

Quinn Rooney/Getty Images Over recent decades, many Australian families have relied on getting money from the “Bank of Mum and Dad” to help with home purchases. But our latest research shows there are growing legal risks from that trend. We spoke to 80 older parents and adult children. Most were from Sydney and had either given or received family money to help with buying a home. Typically, people in our study had provided or received an average of $75,000, though in one case it was…