Loaning money to family members

Most people get involved in family giving or lending with the best of intentions and wishes.  But what happens if things go wrong or circumstances change.  Can you afford to loose that money?

All too often the outcomes of these informal loans are very disappointing.  Prior to entering into such a situation it is advisable to seek legal input into such lending arrangements.

For more information regarding family loans please contact the friendly team at Auckland law firm – Quay Law.

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