Asking for a friend. The parents are currently going through a divorce and one parent is struggling a bit financially to pay for lawyer fees for example and needs to borrow money.
The problem is that the one parent has asked for money previously, around $1000 which has not been paid back yet.
Now, at a later date the same parent came back and asked for a larger loan, closer to $5000.
This puts the child in a very weird situation and how should it be handled? Even if the child has enough money to spare is this a good idea? How do you decide if you should lend money to your parents? When do you put a stop to it?
Other than a signed contract between the parent and child is there something the child should consider?
I don't believe a country is relevant but it would be in the EU.