I want to fairly give my three nephews money. How should I do it?
Sydney Morning Herald
by Paul BensonFebruary 14, 2026
AI-Generated Deep Dive Summary
Aunt wants to fairly distribute money among her three adult nephews to help them buy homes while ensuring financial protection in case of relationship breakdowns. She is particularly concerned about fairness, especially regarding her nephew’s children and their mother. Experts suggest structuring the gift or loan as a legitimate agreement with interest, repayments, and security to ensure legal protection.
Simon Letch from The Australian Financial Review advises that gifting money while alive can have significant benefits for recipients. He recommends treating it as a loan with formal agreements to avoid disputes. This approach ensures financial safety for both parties, especially in cases of relationship breakdowns.
Paul Benson, a Certified Financial Planner, emphasizes the importance of careful financial planning. He suggests delaying superannuation withdrawals until age 67 to maximize savings and minimize tax implications. Additionally, he advises considering capital gains tax when transferring investments and explores options like offsetting gains with contributions or clearing losses.
The article highlights the significance of proactive financial management for both givers and recipients. By structuring gifts and loans thoughtfully, individuals can ensure fairness, protect loved ones, and maintain financial security for themselves. This approach not only fosters strong family relationships but also promotes long-term financial stability.
For readers interested in personal finance, this advice offers practical insights into gifting, investing, and managing superannuion funds. It underscores the importance of seeking professional guidance to navigate complex financial decisions while maintaining fairness and safeguarding future security.
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Originally published on Sydney Morning Herald on 2/14/2026