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Jun 13, 2019 at 2:44 comment added Acccumulation "in exchange for her share in an inheritance" What does that mean? Did someone die, and she was an heir, and your father gave her 15k in exchange for what she was supposed to inherit? Or is she an heir of someone who hasn't died yet, and your father gave her money in exchange for her promising him that he could have her inheritance when this person dies?
Jun 11, 2019 at 22:10 history edited NL - SE listen to your users CC BY-SA 4.0
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Nov 10, 2017 at 4:03 history tweeted twitter.com/StackFinance/status/928835496066928640
Nov 1, 2017 at 18:43 comment added stannius Did your aunt also get a loan to purchase the apartment, or was the $15k enough to buy it outright? If she did get a loan, she can't object to at least paying the same interest rate to your father.
Oct 27, 2017 at 20:17 comment added D Stanley @NathanL After reading the question again I agree with you. Good insight.
Oct 27, 2017 at 17:24 comment added NL - SE listen to your users @DStanley per my answer below, I disagree that this was a loan, but I do agree that any financial deals with family can be fraught with danger and should only be done with careful consideration.
Oct 27, 2017 at 16:05 history edited Martin Drozdik CC BY-SA 3.0
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Oct 27, 2017 at 13:40 answer added MSalters timeline score: 5
Oct 26, 2017 at 21:46 answer added NL - SE listen to your users timeline score: 20
Oct 26, 2017 at 21:28 vote accept Martin Drozdik
Oct 26, 2017 at 21:24 answer added D Stanley timeline score: 9
Oct 26, 2017 at 21:23 comment added D Stanley Note to self: remember this question when others ask about loaning to family members.
Oct 26, 2017 at 21:11 comment added Martin Drozdik @DavidSchwartz Thank you! I will try to propose that to both parties.
Oct 26, 2017 at 20:58 comment added David Schwartz 15,000 to 20,000 in 15 years is about 1.94% yearly. 5% would be about 31,183. Using ECB historical interest rates for each time period and the lowest of the published rates, compounding yearly, I get about 23,600.
Oct 26, 2017 at 19:22 comment added Pete B. If I was you I would encourage him to take the 20K. It is far better than zero, which is how most of these things end up.
Oct 26, 2017 at 19:01 history asked Martin Drozdik CC BY-SA 3.0