As more young couples attempt to get their feet on their property ladder and seek parental assistance in doing so, an increase in pre-nups protecting the \'Bank of Mum and Dad\' has been reported.
According to senior associate in the family team at law firm Coffin Mew, Tina Day, “Bank of Mum and Dad is definitely an industry in full swing.”
Ms Day commented: “As a family lawyer and mediator, I frequently come across cases where parents have gifted a deposit but no steps have been taken to protect that gift shou...