Reverse Mortgages

Benefits to obtaining a reverse mortgage:

• The income of the individual is not a factor in determining one’s eligibility
• Does not have any impact on a person’s right to receive Social Security or Medicare
• The proceeds of thereverse mortgage are income tax free
• A reverse mortgage is a non recourse loan,
• The proceeds from the loan can be used for any purpose; pay bills or take a vacation

  Learn more about the history, benefits, and drawback of a reverse mortgage

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~BucksCounty-ElderLaw.com

Seniors and fraud: how to recognize it and stop it

70 percent of the nation's wealth is controlled by people age 55 and older. As people get older, they may need help with finances. Many do not realize that  the value of their assets can make them vulnerable.That’s where the potential for fraud comes in.

>> Learn more about how to avoid fraud
~Examiner.com

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~BucksCounty-ElderLaw.com