Family Agreements
Living with your adult child? Co-purchasing property? Or building an extension or granny flat with family? Learn more about the value of setting up a formal family agreement.
What is a family agreement?
A family agreement is an arrangement between an older person and someone else regarding care and living arrangements.
What should a family agreement include?
A family agreement should include everyone’s contributions, what they expect in return, and what should happen if the a...
Steps to take to arrange a family agreement
There are many steps to arranging formal family arrangements. This outline will help you understand where to start.
When things go wrong
Unfortunately, family agreements don't always work out. This can leave an older person in a difficult position, find ou...
Centrelink and the age pension
Older people can receive the age pension through Centrelink/Services Australia, with the amount received dependent on t...
Intergenerational households
Many intergenerational households come about as a cultural norm or a way of providing care for ageing parents or grandc...
Contributory Parent visas and migration to Australia
While many people enter into family agreements to ensure they receive some extra support as they age, often a driving m...
Family Agreements tip sheet
If you are considering entering into a formal Family Agreement here are a few tips to consider.
Family Agreements checklist
This helpful checklist is a great place to start. It includes summary information about making Family Agreements as wel...
Family Agreements Resources
Is the age of inheritance entitlement over?
Listen to this episode of ABC Radio’s The Conversation hour, which asks: does the expectation around inheritance need t...
Helping Your Family Financially? Understand the Risks
It can be a worry for older people when they see their adult children struggling financially. Here are some tips to kee...
Granny flats and family accommodation arrangements
These arrangements can include older people moving in with their family or family members moving in with the older pers...
Granny flats advice for seniors
A 'granny flat' on an existing property can be a convenient and cost-effective option for some people.
Family Agreements Real Stories
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