Updated about 3 years ago on .
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Will for funds while seasoning
HI there everyone,
My brother is "gifting" me $100k for a down payment to purchase a property where we will share ownership. (I'm applying for the loan without him). He wants me to create a will that ensures that if something happens to me while it's held in my account for seasoning, he'll get his money back. (Full disclosure: I don't currently have a will). I tried to use the DIY templates found in my legal insurance plan but they only allow you to enter perecentages, not dollar amounts. Any tips on how to create a document indicating that the $100k goes back to him in the event of my demise?