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Old 05-26-2026, 09:20 AM
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Elarson Elarson is offline
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Join Date: Aug 2006
Location: Dayton, OH
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Originally Posted by fyrffytr1 View Post
I owe nothing to my heirs! I will give them out of my own choice, but as far as owing them something, that is another story.
To clarify my statement, if Jack passes before the loan is repaid, the borrower would owe the balance to Jack's ESTATE. Then the estate distributes the assets to whatever heirs Jack has designated....to family members, to a pygmy goat rescue or dollar bills poured out of the side of a helicopter.

Eric

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