Rainier wrote:Pay for the car in cash.
Then separately take the loan and invest it. You can take an "investment interest" deduction if you do this properly.
moneywise3 wrote:Life is easier with one less loan. Unless that 20k loan is a big % of your total assets, it is not worth it.
Watty wrote:What are you going to invest the money in?
JDCPAEsq wrote: Have the estate taxes in the surviving parent's estate been estimated in the $5 million range?
I suppose another point to consider is whether or not the student loans are fixed. If not, it is probably worth getting rid of them now.