How-To
6 articles in this category
Can a Promissory Note Be Counted Against Your Inheritance?
Your parent lent money to your sibling five years ago. Your sibling never paid it back. Your parent just died. Now you're sitting across from an estate attorney trying to understand why the numbers don't add up, and whether that outstanding loan simply evaporates or whether it affects what your sibling receives from the estate...
How to Write a Promissory Note for Your Friend
Lending money to a friend is one of those situations that feels straightforward until it is not. The amount seems manageable, the friend seems reliable, and asking for paperwork feels like an overreaction. Then the repayment date passes, the conversations get awkward, and you find yourself wishing you had done one simple thing before the money left your account...
How to Write a Promissory Note for a Business Loan
Business loans between private parties happen more often than people think. A friend invests in your startup. A family member bridges a cash flow gap. A business partner covers payroll during a slow month with the understanding that the company will pay them back. These arrangements are real loans with real stakes, and the document you use to formalize them matters significantly more than it would for a personal loan between individuals...
How Much Will That Loan Actually Cost? Use a Payoff Calculator First
A loan payoff calculator shows you the full picture before you commit to anything, and it takes about thirty seconds to use...
How to Document a Personal Loan to a Friend the Right Way
Documenting a personal loan to a friend is not complicated. Here is how to do it without making it weird and without leaving yourself unprotected...
What to Do If You Inherit a Promissory Note
Here is what you need to know if you find yourself on the receiving end of an inherited promissory note...