Reverse Mortgages could help resolve a big problem in a divorce. I bring this story because there is more of this reality than you could believe. Seniors getting a divorce has a name “Grey Divorce”. Even here in Birmingham, AL I was part of or know of 6 situations where the judge ordered a Reverse…

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Caregiver Burnout: Do You or a Friend Suffer From It? As much as it is rewarding, providing care to an aging or disabled loved one can be a demanding and thankless job. We’ve rounded up some tips to help you reduce some of the stress. It’s no secret that many adults care for other adults…

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Five Financial Landmines Facing Retirees, By Trevor Gerszt. NEWSMAX Even though retirement planning is the most prominent financial issue facing seniors, it isn’t the only one. There are all sorts of pitfalls seniors may face that they need to be aware of as they get older. Not being aware of potential risks can mean the…

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Gray Divorce. The only reason I would post this is because I have seen more than 5 cases in Birmingham, Alabama where a judge ordered a Reverse Mortgage as a way to settle assets in a divorce case involving people age 62 or above. Gray Divorce on the Rise in America, Says Pew. Divorce among…

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Boomers Increased security. Colorado Newspaper. Reverse Mortgage – Increased Security By Jim Doyle A reverse mortgage can be a very effective tool for baby boomers to maintain a secure position during retirement. More and more, financial advisors are seeing the benefit of a reverse mortgage line of credit that will grow annually, and serve as…

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