Question 1

Is a gift from my parents to my partner and I considered shared assets if we break up?

Maguire & McInerney Lawers · Accepted Answer

A contribution by a parent of one spouse of a marriage or de facto relationship is taken to be the contribution of the spouse whose parent gifted the funds, unless there is evidence to establish otherwise.

Question 2

Is a gift from my parents to my partner and I considered shared assets if we break up?

Maguire & McInerney Lawers · Accepted Answer

A contribution by a parent of one spouse of a marriage or de facto relationship is taken to be the contribution of the spouse whose parent gifted the funds, unless there is evidence to establish otherwise.

Question 3

Is a gift from my parents to my partner and I considered shared assets if we break up?

Maguire & McInerney Lawers · Accepted Answer

A contribution by a parent of one spouse of a marriage or de facto relationship is taken to be the contribution of the spouse whose parent gifted the funds, unless there is evidence to establish otherwise.