Category: Reverse Mortgage

Reverse mortgages have the negative connotation that they are only for seniors without other resources. Here are five reasons why the wealthy can use a reverse mortgage to enhance their estate planning.  1. Tax-free distribution. For every disbursement received from your retirement IRA, Sep-IRA, or 401K you will have an ordinary income tax due based […]

We have all been asked, which is first, the chicken or the egg? With charitable giving what is first, the donation or the legacy? When making a major gift, is legacy part of the conversation or an afterthought? Let’s not overcomplicate the idea with elaborate plans like a charitable remaining trust, but just a yes […]