Due to current market conditions and unforeseen financial challenges, we havedecided to temporarily suspend distribution payments.

They can advise you on your options based on your specific circumstances, including how to proceed if you believe he may be trying to delay repayment or if he is indeed facing bankruptcy.Assess the Situation: If he is experiencing cash flow issues, he may be trying to find a way to resolve them.

Quote from @Mark Dutton: Hey everyone, I’m a novice investor and I’d appreciate some advice or insight on my situation, even though I know everyone’s circumstances are different.I’m currently 27 and will soon have three rental properties along with my primary residence.

Depends on the person and circumstances, I suppose.

But circumstances will change.

I used it and am well satisfied.previously, my will/trust was done by an estate attorney who charged me about $2,500.  10 years later circumstances have changed quite a bit and same attorney quoted $8,000.  

Hire the very best people you can to advise you based on your exact situation and circumstances and then let them help you implement a solid tax strategy that makes sense for you.Regardless of your position and role, this is without a doubt one of the highest leverage activities that you can do.Remember, it's not just about what you make, it's about what you keep in the end that matters most.

I would probably keep it on the sideline until I can pay it in full in case something unforeseen happens.

Everyone's circumstances are different, so maybe it makes sense for you to borrow against the 401k, but I just think it is important that folks are fully educated on all factors before making that decision. 

Hire the very best people you can to advise you based on your exact situation and circumstances and then let them help you implement a solid tax strategy that makes sense for you.Regardless of your position and role, this is without a doubt one of the highest leverage activities that you can do.Remember, it's not just about what you make, it's about what you keep in the end that matters most.