REVERSE MORTGAGES AS AN ESTATE PLANNING TOOL
The Reverse Mortgage should be considered as an integral part of the estate plan. As a non-recourse loan that releases home equity and converts it into tax-free cash, there are no restrictions on the use of the proceeds, the borrower continues to own the home and no monthly payment is required for as long as the borrower resides in the home.

Funding for Healthcare or Long-Term Care Insurance
Most Americans recognize the need for a long-term care insurance program to both protect their assets and relieve any potential burden on their family. Many Seniors, when faced with this situation are forced to use their savings or impact their monthly income for long-term care coverage. A reverse mortgage allows seniors to stay in their homes, be self-sufficient, and not deplete existing savings or income.

Maximize Legacy Asset Transfer
While a home may hold a great amount of emotional value for a family, the reality is that in most cases, the property is sold after the owner’s death. The heirs are often forced to sell the property in a volatile real estate market with no guar