Finance

The National Elder Law Foundation defines elder law as “the legal practice of counseling and representing older persons or their representatives.” On its face the definition appears to be both simple and clear.

Reverse mortgages are a unique, government insured loan program that allows eligible homeowners 62 years old or older to access their home equity for immediate cash, a line of credit, a monthly check, or a combination of the three. In all cases, the homeowner has the right to never again make a monthly mortgage payment, as long as the real estate taxes and insurance are paid and other requirements are met.

If you own your own home and believe that it is protected because you have a Declaration of Homestead it is important that you and your loved ones fully understand the law.

“The situation is extremely serious because baby boomers have not saved very effectively for retirement and are still retiring too early,” said Olivia Mitchell, director of the Boettner Center for Pensions and Retirement Research at the University of Pennsylvania.

By Alain Valles, CRMP Everyone has heard the words “reverse mortgage.” But few people really know how one works. However, most of us know the challenge,...

f you’re like most people, you probably have a list of reasons why you haven’t established your estate plan.

It is estimated that about five million Americans suffer from Alzheimer’s disease, and about 360,000 people are newly diagnosed each year.

By Alain Valles You’ve heard bits and pieces about reverse mortgages. Perhaps you have read an article, or had a friend suggest that you get...

By Lauran Neergaard WASHINGTON — America’s cities are beginning to grapple with a fact of life: People are getting old, fast, and they’re doing it in...

Many of us hold on to an idyllic vision of our golden years, imagining we’ll be in good health and living self-sufficiently in our own home.