{"id":8108,"date":"2020-08-17T10:48:58","date_gmt":"2020-08-17T14:48:58","guid":{"rendered":"https:\/\/resources.evans-legal.com\/?p=8108"},"modified":"2020-08-17T10:55:29","modified_gmt":"2020-08-17T14:55:29","slug":"overview-interest-only-term-note","status":"publish","type":"post","link":"https:\/\/resources.evans-legal.com\/?p=8108","title":{"rendered":"Overview: Interest-Only Term Note"},"content":{"rendered":"\n<p id=\"block-346f03a0-f89e-4c98-83a8-a8843c2e2cea\">The article &#8220;<a href=\"https:\/\/resources.evans-legal.com\/?p=7853\">Low-Interest Estate Planning Strategies<\/a>&#8221; described several estate planning strategies that should be considered now that interest rates have reached record lows. One of the strategies that is described in the article is an interest-only term note.<\/p>\n\n\n\n<p id=\"block-e4c1d97e-976e-4eeb-933f-390773f87194\">A new calculator has been added to <a href=\"http:\/\/wcalcs.com\/\">Webcalculators<\/a> to illustrate the benefits of that kind of loan, which can be used to a exclude significant portion of the value of the note from the lender&#8217;s gross estate.  Here is<a href=\"http:\/\/resources.evans-legal.com\/wp-content\/uploads\/2020\/08\/Note_Sample.pdf\"> a sample of the outpu<\/a>t from the calculator, and the overview of the calculator is below:<\/p>\n\n\n\n<figure><iframe loading=\"lazy\" src=\"https:\/\/wcalcs.com\/exptext\/exp153.cfm\" width=\"850\" height=\"850\"><\/iframe><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The article &#8220;Low-Interest Estate Planning Strategies&#8221; described several estate planning strategies that should be considered now that interest rates have reached record lows. One of the strategies that is described in the article is an interest-only term note. A new &hellip; <a class=\"more-link\" href=\"https:\/\/resources.evans-legal.com\/?p=8108\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[682],"tags":[651,493],"class_list":["post-8108","post","type-post","status-publish","format-standard","hentry","category-overview","tag-estate-planning","tag-interest","pmpro-has-access"],"_links":{"self":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/8108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8108"}],"version-history":[{"count":5,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/8108\/revisions"}],"predecessor-version":[{"id":8121,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/8108\/revisions\/8121"}],"wp:attachment":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}