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Family Agreements
Living with your adult child? Co-purchasing property with a friend? Or building an extension or granny flat with family? These common arrangements often involve an older person exchanging their property or assets in return for housing and/or care as they age. Learn more about why you should establish a formal family agreement.
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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...
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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.
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When things go wrong
Unfortunately, family agreements don't always work out. This can leave an older person in a difficult position, find ou...
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Centrelink and the age pension
Older people can receive the age pension through Centrelink/Services Australia, with the amount received dependent on t...
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Intergenerational households
Many intergenerational households come about as a cultural norm or a way of providing care for ageing parents or grandc...
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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 Resources
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Abuse of Older People: Keeping money and assets safe
This offers free, confidential legal and social work services to older people to help them deal with harm or neglect by...
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Abuse of Older People: Making your own decisions
This offers free, confidential legal and social work services to older people to help them deal with harm or neglect by...
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Family Agreements – A Guide
Living with your adult child? Co-purchasing property with a friend? Loaning money or building an extension or granny fl...
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Granny flat interest
A granny flat interest is an agreement for accommodation for life. It can affect your eligibility or rate of payment an...
Family Agreements Real Stories
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Mr and Mrs Day's Story
Mr and Mrs Day were low-income pensioners. They almost lost everything after they signed a loan contract for their son's business ventures.
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Gerald's Story
Gerald has some tough choices he must make while preparing his will. He visits a lawyer to get some clarity.
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Elizabetta's Story
Elizabetta was determined to stay living in her own home until she died. Her son encouraged her to sign over the title of the home.
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Rita and Tony's Story
Rita and Tony agreed to guarantee their daughters home loan with a large contribution.
Find a Service Provider
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