Ease Burden for Widows

Merrill Lynch: Financial Planning Can Ease Burden for Widows I had just written a blog about this type occurrence this morning. If a spouse died or goes into a nursing home, it can put a tremendous financial strain on the other spouse. Financial Planners are just catching on that this can supplement income rather than…

In Home Care Providers need to know When I go to speak with local In-Home Care Providers, some admitted that a customer ran out of funds too soon frequently. I asked for an appointment to explain the benefits to the Manager, but never received much interest. By the time the family calls me they have…

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**The owner(s) retain title to the property that is the subject of the reverse mortgage until the person sells or transfers the property and is therefore responsible for paying property taxes, insurance, maintenance and related taxes. Failing to pay these amounts or failure to maintain the condition of your property may cause the reverse mortgage to become due immediately. A reverse mortgage is a complex loan secured by your home. Whether such mortgage makes sense for you depends on your financial situation and needs. For these reasons, you are required to consult with a qualified independent housing counselor and include family members and other trusted advisers before making this decision. This information is not from HUD or FHA and was not approved by HUD or any government agency.

Ease Burden for Widows

Posts Tagged ‘supplement income’