You have to spend money to make money, as the old saying goes. But sometimes you have to borrow money to spend money, too. “It’s really the most important legal document that establishes the ...

Navigating financial transactions between friends can be a delicate balance. Picture this: a friend asks to borrow money, a situation familiar to many, yet one that can potentially strain ...

Lindsay VanSomeren is a personal finance writer based out of Kirkland, Washington. Her work has appeared on Business Insider, Credit Karma, LendingTree, and more. Lindsay VanSomeren is a personal ...

A promissory note, in its simplest form, is an instrument by which a Borrower (the Maker) acknowledges its obligation to repay the Lender (the Payee). Historically, Lenders required Borrowers to enter ...

Benjamin N. Feder, associate, Katten Muchin Zavis Rosenman, Chicago, Ill. A common estate planning strategy is the sale of assets to a defective grantor trust. Generally speaking, the grantor ...