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Reply to "First world problem alert, advice on large loan from family "
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[quote=Anonymous]What happens in the event that the lender dies over the next 30/40 years? Will you owe the estate a balloon payment or will the loan be forgiven/subtracted from inheritance? FWIW we had a family loan (not so large) and complications with our title when we sold because of the estate (even though the loan was repaid). We had to get multiple heirs to sign a legal document to remove their claim. [/quote]
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