The bank of mum and dad
17th May 2017
Rachael Kelsey was on BBC Radio 4 today answering legal questions on Moneybox Live. The programme looked at the phenomenon of “The Bank of Mum and Dad” and the implications for families, individuals and society as parents and grandparents increasingly find themselves supporting adult children financially. The phone-in specifically considered what happens to the money if the child forms or ends a relationship. You can listen again here.
