Q: I have loaned one of my kids some money, I would like to ensure that the money is paid back to my estate, what verbiage
should I include in my will to make sure this happens? I do have loan documents.
A: If you do not already know the answer to this question on your own then you should consult with an estate planning attorney for help. They will need to speak with you about your situation and review relevant information. Or you could just wing it which would be ill advised.
A: You need a promissory note and a contract for the loan repayment. Estate documents should typically include more than a simple will. More details are necessary to provide a professional analysis of your issue. The best first step is an Initial Consultation with an Attorney such as myself. You can read more about me, my credentials, awards, honors, testimonials, and media appearances/ publications on my law practice website, www.AEesq.com. I practice law in CA, NY, MA, and DC in the following areas of law: Business & Contracts, Criminal Defense, Divorce & Child Custody, and Education Law. This answer does not constitute legal advice; make any predictions, guarantees, or warranties; or create any Attorney-Client relationship.
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