Seniors and Their Families Should be Wary of Reverse Mortgages–Part 2

Seniors and Their Families Should be Wary of Reverse Mortgages—Part 2  In the first part of this series, we discussed the dangers of reverse mortgages for senior homeowners. Here, we’ll look at how these complex loans can negatively impact your family and estate plan. https://themfirm.com/seniors-and-their-families-should-be-wary-of-reverse-mortgages/ For decades, reverse mortgages have been touted as an easy … Read more

Got a “Blended Family’? Learn from Tom Petty’s Mistakes: His Daughters and Widow are Now Locked in Bitter Battle Over His Estate

  Got a ‘Blended Family’? Learn from Tom Petty’s Mistakes: His Daughters and Widow are Now Locked in Bitter Battle Over His Estate   Back in May, Tom Petty’s daughters escalated the battle over their late father’s estate by filing a lawsuit against Petty’s second wife that seeks $5 million in damages. In the lawsuit, … Read more

Seniors and Their Families Should Be Wary of Reverse Mortgages Part 1

Seniors and Their Families Should Be Wary of Reverse Mortgages  If you’ve watched TV lately, you’ve likely seen ads touting the benefits of reverse mortgages. The spots typically feature famous actors like Henry “Fonzie” Winkler, Robert Wagner, and former U.S. Senator Fred Thompson telling elderly homeowners how they can dramatically improve their retirement with a … Read more

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