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JTP - Apologise to Monica ♦
JTP - Apologise to Monica ♦
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I'd like to loan my son and daughter-in-law money to payoffpay off credit card and student loan debt

I'd like to loan my son and daughter-in-law money to payoffpay off credit card and student loan debt. Total is 40k. I want to avoid tax problems and they would be responsible to repay or repay upon their inheritance (last resort). They own a home and have equity available if needed. Any ideas?

I'd like to loan my son and daughter-in-law money to payoff credit card and student loan debt

I'd like to loan my son and daughter-in-law money to payoff credit card and student loan debt. Total is 40k. I want to avoid tax problems and they would be responsible to repay or repay upon their inheritance (last resort). They own a home and have equity available if needed. Any ideas?

I'd like to loan my son and daughter-in-law money to pay off credit card and student loan debt

I'd like to loan my son and daughter-in-law money to pay off credit card and student loan debt. Total is 40k. I want to avoid tax problems and they would be responsible to repay or repay upon their inheritance (last resort). They own a home and have equity available if needed. Any ideas?

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Pete K.
Pete K.
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I'd like to loan my son and daughter-in-law money to payoff credit card and student loan debt

I'd like to loan my son and daughter-in-law money to payoff credit card and student loan debt. Total is 40k. I want to avoid tax problems and they would be responsible to repay or repay upon their inheritance (last resort). They own a home and have equity available if needed. Any ideas?