Tag Archives: Reverse Mortgage and Estate Planning
How Does a Reverse Mortgage Affect My Estate Plan?
Many elderly Florida residents have trouble paying their bills each month. For those residents who own their homes, a so-called “reverse mortgage” may provide the answer to their cash-flow problems. A reverse mortgage–which is known in legal terms as a “home equity conversion mortgage”–is basically a loan the homeowner does not have to pay… Read More »