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  • LET’S TALK MONEY: Family loans: How to lend as a family | Business

LET’S TALK MONEY: Family loans: How to lend as a family | Business

By on June 26, 2021 0

Hi Taylor: My brother asked me if I could lend him money for a restaurant business he is starting. I trust him and love the concept, but I’m a little nervous about lending money to my family. No advice? -Marjorie

Hi Marjorie: In family or elsewhere, anxiety is always the right feeling when asked to lend money. Once you get past those initial nerves, you need to look beyond the family part and assess the situation in a logical way.

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Taylor Kovar is CEO of Kovar Capital. Learn more about him on GoFarWithKovar.com.

The information presented is for educational purposes only and does not constitute an offer or a solicitation for the sale or purchase of any specific securities, investments or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to consult with a qualified financial advisor and / or tax professional first before implementing any strategy discussed here. Past performance is not representative of future performance.

To submit a question to answer in this column, please email it to Question @ TaylorKovar. com, or by regular mail to Lessons on Wealth, 106 E. Lufkin Ave., Lufkin, TX 75901.


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