Promissory Note for Family Loan Payable From Estate

Prepare a Demand Promissory Note for a loan payable from a family member's estate with this easy-to-use template form.

  • This type of Promissory Note would typically be used to secure loans between close family members, such as a loan from a parent or grandparent to a child or grandchild.
  • Only the lender can demand payment.
  • The borrower agrees to repay the entire loan within a specified time following the lender's death or, at the option of the lender's executors, the loan amount may be deducted from the borrower's share of the lender's estate.
  • This is a generic legal form which can be used anywhere.
Document Type: Microsoft Word
Last Updated: 09-December-2024
SKU: 1049
$2.29
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Interest-Free Demand Promissory Note

Secure repayment of an interest-free loan with this downloadable Demand Promissory Note for principal only (no interest).

  • This type of Promissory Note would most commonly be used when the borrower and the lender have a close relationship, such as family members, when no interest would be charged on the loan balance.
  • The form is a generic template which can be used anywhere.
  • This Demand Promissory Note with No Interest form is available in MS Word format and is easy to use. Just download, fill in with the details of the transaction, and print.
$2.29