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Old 05-23-2026, 08:30 AM
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Elarson Elarson is offline
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Originally Posted by tigergto View Post
Although you didn’t ask for my advice. I strongly suggest you not do it. This a completely different time then your father’s. I would definitely advise you to have legal documents drawn up.
I agree about documents. Even if the person is 100% trustworthy, not having things in writing opens up the chance for misunderstandings and damaged friendships.

And if one or both of you passes, what happens to the outstanding balance that is owed to your heirs....and his heirs can claim ignorance of the agreement?

Eric

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