When bank of mum and dad comes with interest
Retirees are increasingly expected to live with, care for and financially support older and younger family members. Here’s your guide to avoiding strife when it comes to wills, means testing and elder abuse.
Duncan HughesReporter
Sue Putnam is typical of a new wave of retirees who are living with – and helping to look after – three or more generations of their family.
Putnam, who for years provided assistance to her ageing parents, has moved into a purpose-built multi-generational home with her daughter’s family in Queensland’s Palm Grove.
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