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Your Parents Gave You Equity — Not Cash. Here’s How to Use It

For many Canadians, the largest financial gift they’ll ever receive won’t come in an envelope or a bank transfer.
January 22, 2026 by
Your Parents Gave You Equity — Not Cash. Here’s How to Use It
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It will come in the form of equity.

A house bought decades ago.

A mortgage nearly paid off.

A property that quietly appreciated while life moved on.

Across Canada, parents aren’t handing down cash — they’re handing down value locked in real estate. And for adult children, that creates both opportunity and confusion.

Because equity isn’t money.

And without a plan, it’s hard to use.

The Shift No One Prepared Families For

Previous generations passed on savings, pensions, and cash accounts.

This generation is different.

Today’s reality:

  • Parents are house-rich

  • Retirement income is tighter

  • Living longer costs more

  • Wealth is concentrated in the family home

The result? Families are asset-rich but liquidity-poor — even across generations.

That’s where the idea of a “living inheritance” comes in.

What a Living Inheritance Really Means

A living inheritance isn’t about taking from parents.

It’s about using existing equity strategically while everyone is alive.

Instead of waiting for:

  • Probate delays

  • Forced sales

  • Estate pressure

  • Family conflict

Families are asking better questions now:

  • Can equity help a child buy their first home?

  • Can it fund education or a business?

  • Can it reduce debt or stabilize finances?

  • Can parents stay in their home while helping the next generation?

Often, the answer is yes — if it’s structured properly.

Why Banks Make This Hard

Traditional lenders struggle with intergenerational planning.

They focus on:

  • Income tests

  • Age limits

  • Stress tests

  • Rigid qualification rules

They don’t adapt well to:

  • Retired parents with strong equity

  • Adult children with uneven income

  • Short-term needs

  • Family-specific goals

That rigidity leaves many families stuck — despite owning valuable property.

Equity Is a Tool, Not a Windfall

The biggest mistake families make is treating equity like cash.

Equity should be used:

  • Temporarily

  • Purposefully

  • With a clear exit plan

Common, responsible uses include:

  • Helping a child purchase or bridge a home

  • Paying off high-interest debt

  • Funding education or business growth

  • Avoiding forced property sales

  • Supporting aging-in-place

The goal isn’t to drain equity — it’s to unlock it intelligently.

How Private, Equity-Based Solutions Fit In

Private mortgage solutions are often used in living-inheritance planning because they focus on:

  • Property value

  • Loan-to-value

  • Short- to mid-term timelines

  • Clear repayment or refinance strategies

Not just income on paper.

This makes them especially effective for:

  • Retired parents

  • Self-employed families

  • Temporary funding needs

  • Time-sensitive opportunities

Used correctly, they provide flexibility — not risk.

A New Way Families Think About Wealth

Equity doesn’t have to sit idle until someone passes away.

When handled transparently and conservatively, it can:

  • Reduce stress

  • Prevent future emergencies

  • Strengthen family outcomes

  • Preserve long-term wealth

The key is planning — not panic.

The Bottom Line

Your parents didn’t give you cash.

They gave you options.

Understanding how to use home equity responsibly can turn a silent asset into a meaningful advantage — without selling the family home or creating future problems.

About Lendworth

Lendworth works with Ontario families on living inheritance and equity-based mortgage solutions, helping parents and adult children use real estate value thoughtfully, transparently, and strategically.

Your equity deserves more™.

www.lendworth.ca