Use this template to prepare a Demand Promissory Note of a type generally used to secure loans from a parent to a child or grandchild (as an example). Only the lender can demand payment. The borrower agrees to repay the entire loan within a specified time following the lender's death or, at the option of the lender's executors, the loan amount may be deducted from the borrower's share of the lender's estate.

This is a generic legal document in MS Word format, and is not specific to any country or region.

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