Insights, guides, and updates to help you navigate loans and agreements.
Lending IRA money to your spouse or child is a prohibited transaction that can wreck the whole account. See who is exempt and the 401(k) alternative.
Lending money to aging parents? Learn the loan vs. gift decision, the Medicaid asset-limit trap, and the POA conflict of interest most families miss.
Does a family loan need to be notarized? No, in most cases, but three situations make it worth the trip. Here is when and why.
A family opportunity mortgage lets you buy a home for an aging parent, but only one sibling can be the borrower. Here is how the rest pay their share.
Filing bankruptcy with a family loan on the books? Here's how the one-year insider preference rule affects the borrower and the lender.
Should you ask family for a loan to pay off credit card debt? See the real interest math, the tax rules, and how to structure it right.
What happens to a family loan when the lender dies? See the 3 paths executors use, the tax rules for forgiveness, and how to avoid a sibling dispute.