The key is to avoid the gift tax, or gift tax paperwork.

If you are getting married THIS year and you want to get this done quickly:

• Write a check to the loan servicing company for $13,500.
• Get married
• Write a check for the rest of the $20,000 to the loan servicing company.

If you are getting married NEXT year and you want to get this done quickly:

• Write a check to the loan servicing company for $13,500.
• Wait until the first business day of next year.
• Write a check for the rest of the $20,000 to the loan servicing company.

Note: $13,500 is the current threshold for gift tax rules for an exchange from one person to another. There is no limit from one spouse to another.

The key is to avoid the gift tax, or gift tax paperwork.

If you are getting married THIS year and you want to get this done quickly:

• Write a check to the loan servicing company for $14,000.
• Get married
• Write a check for the rest of the $20,000 to the loan servicing company.

If you are getting married NEXT year and you want to get this done quickly:

• Write a check to the loan servicing company for $14,000.
• Wait until the first business day of next year.
• Write a check for the rest of the $20,000 to the loan servicing company.

Note: $14,000 is the current threshold for gift tax rules for an exchange from one person to another. There is no limit from one spouse to another, if both are US citizens.