Just a quick internet search:
“The IRS mandates that any loan between family members be made with a signed written agreement, a fixed repayment schedule, and a minimum interest rate. (The IRS publishes Applicable Federal Rates (AFRs) monthly.)”
https://www.schwab.com/learn/story/family-loans-should-you-lend-it-or-give-it-away


So if this was really a loan....was this LAW followed?
“The IRS mandates that any loan between family members be made with a signed written agreement, a fixed repayment schedule, and a minimum interest rate. (The IRS publishes Applicable Federal Rates (AFRs) monthly.)”
https://www.schwab.com/learn/story/family-loans-should-you-lend-it-or-give-it-away


So if this was really a loan....was this LAW followed?