Much is said of late about the “bank of Mum and Dad” in the context of parents helping children into their first home. However, with the passage of time positions can change as to whether sums advanced were loans or gifts and how much has been re-paid. When Mum or Dad is elderly questions can … Continue reading →
Some cases seem to have eternal existence. The original matter of Spence v Lynch is one of these. The are now at least 9 recorded decisions by my count named either White v Spence or Spence v Lynch. The first case was written up in this blog as Dominant trustee architect of loss. The name was apt then, … Continue reading →