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#502 Money Between Family Members – There is a Better Way
Share Now:
- • Borrowing and Lending Between Family Members is a No-No
• When Needs Arise, You Have an Opportunity. Offer Assistance with No Repayment Expectations
• Generous Assistance is Gifting with No Repayment Expectations
• When a Gift is Repaid by Another Gift
• When Family is Not Close. An Attitude Change Can Fix That Immediately
• Set the ‘Gift’ Expectation Standard with All Family Members
• Interfamily Investments Is Still Discouraged, with No Strings Attached Should Something Go Wrong
• Absolutely No Ill-Will Between Family Members
• Three Candid Questions
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