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Reply to "Giving your married child a down payment, then divorce "
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[quote=Anonymous]I read somewhere that it should be written up as an interest-only loan and the repayment would go to you at a lower rate. If they were to be divorce, on the portion that they owe you, there is no property/asset to divide since it's an interest only loan. All money has to go back to you for you to surrender your portion of the property. If you go this route, you don't have to add this loan as part of inheritance but you really have to talk to an attorney to write this up. [/quote]
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