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How parents can prevent disputes over their properties

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Many families could have avoided painful court tussles over their real estate if they have made the reason behind such purchases clear to everyone.

Many families could have avoided painful court tussles over their real estate if they have made the reason behind such purchases clear to everyone.

PHOTO: BT FILE

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SINGAPORE - Many families could avoid painful court tussles over real estate if they make the reason behind property purchases clear to everyone.

Many parents, for instance, like to include a child as a co-owner for administrative purposes or to get better loan terms for having a young owner, without the intention of gifting the property to that child.

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