by Christine | May 13, 2014 | Elder Law, Estate Law, Inheritance, Reverse Mortgage Loan |
Reverse mortgages, which allow homeowners 62 and older to borrow money against the value of their homes that need not be paid back until they move out or die, have long posed pitfalls for older borrowers. Reverse mortgages definitely have advantages, such as offering...
by Christine | May 8, 2014 | Asset Protection, Estate Law, Inheritance, Real Estate |
What follows are issues to consider, and, in those rare cases where a transfer can make sense, how to do it the right way. Are you thinking about handing over the family home to your loved ones early? Proceed with caution. Although the hand-off can be a blessing to...
by Christine | May 6, 2014 | Estate Planning, Inheritance, Real Estate |
Perhaps the more important detail of this story is that the home was sold in an estate sale by heirs who appear to have let the property go for considerably less than market value. Inherited property brings with it certain important responsibilities, and that goes...
by Christine | Apr 30, 2014 | Elder Law, Estate Planning, Inheritance |
Time, it seems, has healed past wounds enough to leave us remembering Grandpa Oscar with a smile. Very belatedly the violin has served its purpose. We can hold on to the memories and let go of the object. Family heirlooms seem to have special powers over the family....
by Christine | Apr 9, 2014 | Elder Care, Elder Law, Inheritance |
Suzanne M. Cheney performed many services for her stepfather, Anthony R. Turco, expecting to receive a share of his estate. However, to her great disappointment, he left her nothing. There is a difference between care given out of responsibility and that given out of...
by Christine | Apr 7, 2014 | Estate Planning, Inheritance |
One of the most common themes among my affluent clients is a desire to see their children make it on their own. Over 90% of these clients are first-generation wealth builders, meaning they didn’t inherit their money but accumulated it from saving, investing or...
