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Parents lend and register a mortgage on title to evidence the loan Adelle L ger FPS and Robyn Solnik WEC both Ontario Generally it is best the loan mirror the terms and conditions that would normally be associated with an arms length arrangement. Some lawyers recommend that interest be paid even if nominal. Gift funds to an intervivos trust which purchases the home for the couple Susannah Musselman FPS and Kelly Rivard WEC both Ontario As with all intervivos trusts a parent would settle a...
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What is protecting assets intended for?
Protecting assets is intended to safeguard a person's possessions and wealth from risks, such as lawsuits, creditors, or bankruptcy.
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The purpose of protecting assets is to ensure that an individual's wealth and possessions are safeguarded from potential threats and risks.
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