
A family bank professionalizes intrafamily lending
$225.00
Description
Abstract: Too often, people lend money to family members with little planning and regard for potential unintended consequences. But a “family bank” can enhance the benefits of intrafamily loans, while minimizing the risks. A family bank is a family-owned, family-funded entity that “professionalizes” family lending activities, often with the help of outside advisors. This article explains how it works.
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