Family Loan Management
Lend to Your Kids the Right Way.
Family loans are a beautiful act of trust. Make them official with the legal documents and IRS-compliant tools that protect everyone — and keep the relationship strong.
Everything You Need, Legally.
Five ready-to-use templates that cover every aspect of a proper family loan.
Promissory Note
A legally binding promise to repay — the cornerstone of any formal loan.
View Document →Loan Agreement
Full terms and conditions: amount, interest rate, repayment schedule, and default provisions.
View Document →Gift vs. Loan Declaration
Clearly establishes the transfer as a loan, not a gift — critical for IRS purposes.
View Document →IRS AFR Compliance Notice
Documents that your interest rate meets or exceeds the IRS Applicable Federal Rate.
View Document →Repayment Schedule Agreement
A signed acknowledgment of the payment timeline both parties agree to follow.
View Document →Every Family Situation Is Different.
Choose the loan structure that fits your family's needs.
Fixed Monthly Payments
A classic amortizing loan — equal monthly payments that cover both principal and interest. Predictable, simple, and easy to track.
Interest-Only with Balloon
Your child pays only interest each month, then repays the full principal at the end of the term. Great for kids building their financial footing.
No-Interest Gift Loans
For loans under the IRS gift loan threshold — no interest required, but proper documentation still protects everyone involved.
Flexible / Custom Repayment
Life happens. Set a custom repayment schedule that works for your family's unique circumstances and timeline.
Simple Steps, Serious Protection.
Choose Your Loan Type
Pick the structure that fits — fixed, interest-only, no-interest, or flexible.
Download the Documents
Get all five legal templates, pre-filled with your loan details and ready to sign.
Track Payments with Excel
Use our amortization spreadsheet to log every payment and stay organized at tax time.
Ready to Make It Official?
Your family deserves the clarity and protection that comes with doing this the right way.