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Reply to "What happens to a balloon note when the lender dies?"
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[quote=Anonymous][quote=Anonymous]Are there other heirs? Siblings? Presumably an arrangement could be worked out amongst you. Will she likely have a large estate where your share would be 300k or more?[/quote] OP here, I do have 1 sibling. He also has a note from her, not for as much, not entirely sure but 100K plus for sure. She will have a large estate, but most of it will not be liquid. She owns a home with a mortgage to a non family member and has other fully owned real estate property. In terms of cash I don't think it will be more than 300K but I assume total assets would be around 1 million.[/quote]
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