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Updated almost 8 years ago on . Most recent reply

Account Closed
  • Kyparissia, Messinia
43
Votes |
94
Posts

obtaining funds from (adult ) children

Account Closed
  • Kyparissia, Messinia
Posted

Hi,

After saving for almost a year, we have reached the point to where we have some money to invest but not as much as we'd like. When discussing our plans with our grown sons, they expressed their desire to participate in the purchase as well as a willingness to contribute to the pot. We'd just have to wait for a bit longer. That would give us more to work with. What I'd like to know, is there anything that we should be aware of when investing as a family? Would it be a good idea to form a family LLC to protect our properties, we have savings and have invested in stocks as well. My youngest is also getting married next year and they have their own house. Should we include his wife? Plus we are in 3 different countries.... Greece, UK, and US. My husband and I have a MFR in Greece and some farmland. Thanks.

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