Sentences with phrase «baby boomer parents helping»
A recent Ontario Superior Court of Justice ruling should serve as a warning to baby boomer parents helping to support adult children and grandchildren with annual gifts of money,... Read more
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A recent Ontario Superior Court of Justice ruling should serve as a warning to baby boomer parents helping to support adult children and grandchildren with annual gifts of money, Greater Toronto - area family lawyer Andrew Feldstein writes in Lawyers Weekly.
Not exact matches
Instead, many may be getting help from their Baby Boomer parents or friends, said Parsons.
According to the Sotheby International Realty Canada study, nearly a third of first - time Gen - Y homebuyers got some sort of money help from their baby boomer parents, despite their parents» desire to either hold on to the family home or to resize to a smaller, but more luxurious home.
Personally, being a baby boomer generation parent, I went through this help exercise a few years ago.
With baby boomers deep into their peak earning years at the same time that their aging parents are turning over much of their assets to their children, the market for timeshares is huge, says Stroman, who chairs the National Association of REALTORS ® Resort Real Estate Forum, a panel launched last year to help REALTORS ® stay on top of resort trends.
Nearly 4 in 10 Baby Boomer parents (37 %) said they have helped or will help their adult children buy a home.
Then there are the baby boomers, who have helped transform housing at every turn, starting with the post-World War II suburbanization to house them and their parents.
Parents planning to use the value of their homes to help finance the higher education costs of children could find their resources shot, and baby - boomer homeowners nearing retirement who hoped to use their home's equity to pay for a portion of their retirement would have to delay or revise their plans.
My parents are baby boomers, so I'm not old, but it's not likely I'm the target audience for The Vineyard, but I can't help but think how you could combine these two shows into something fantastic mixing summer on the Vineyard with the islands most beautiful homes like this waterfront house in Vineyard Haven designed by architect Patrick Ahearn