A promissory note can also be used in less formal situations, such as when you lend money to a friend, family member or business partner, in order to make the loan official.

A promissory note is an agreement that lays out all the details of the loan. Here's what you need to know to write a personal loan promissory note.

A promissory note can be changed after signing as long as both parties agree to modify the terms. Keep in mind that changes should be made in writing and signed (again) by both parties.

Promissory Note Spells Out How Much You Owe and When You Must Pay February 11, 2005 By Benny L. Kass ...

A promissory note constitutes what is known as Income in Respect of a Decedent or IRD, according to Julio Lopez-Brito, a financial planner and tax specialist with Sensible Money.

Writing a Promissory Note? Here’s What You Need to Know For early-stage companies in particular, these contracts can prove key to raising new capital. BY BRIAN CONTRERAS, STAFF REPORTER @ _B ...