FERS Your retirement Not Split up Without Proof of Worth

A couple of takeaways: (1) do not import ily instantaneously just before declaring divorce, and you may (2) ensure that every intra-friends financing is actually evidenced that have a great contemporaneous promissory note!

Test Promissory Note

A promissory note is actually, basically, a guarantee to blow money to help you men. If you take aside a car or financial, you have distinctions of them, much time and tricky. To own a family group loan, they can be a lot easier – only county just who lent what regarding whom, and just how it will be paid. There’s not a want to charge attract sometimes, in the event the reason for the fresh note is to memorialize the mortgage to prove your debt is available.

The following is a relationship to a sample promissory note that work for a financial loan out-of household members in a colorado divorce proceedings. I am not authorized any place else, very have no idea how good it could operate in most other says, but you can look for all kinds of attempt promissory cards online. (more…)