He wanted me to either take a lien against his house or suspend his payments to me for 1 year. I told him I'd think about. One idea just off the top of my top: since any money given as a gift up to $14,000 is tax free, we could give him $7200 (= 12 months * $600) so that he could continue to pay us back the $600 per month and keep the current loan contract. Thoughts? > From: Robert <http://dummy.us.eu.org/robert> > Date: Tue, 26 Mar 2019 10:49:01 -0700 > Subject: Re: PGP Retest > > > From: Noelle <noelle> > > Date: Tue, 26 Mar 2019 09:10:12 -0700 (PDT) > > > > On Tue, 26 Mar 2019, Robert wrote: > > > > From: "Apple" <http://www.juno.com/~w1few> > > > > Date: Tue, 26 Mar 2019 10:41:56 GMT > > > > > > > > Also do you think its okay to change the 600 to 300 for awhile to catch > > > > up? > > > > > > At the current rate, the loan be repaid by July 2025. Reducing the > > > monthly payment will push that date out. Is that what you want? > > > > did the cost of living go up for them? > > maybe he wont live that long and the estate will pay you off? > > Your guess is as good as mine. > > > > Also, we'd have to draw up a new loan agreement if we change it.