Attorneys

 

In many instances when Seniors are separating or divorcing, the biggest problem facing the Attorney is what to do with the marital home.


When Seniors find themselves in a situation in which they have to sell a home in order to divide the assets between the spouses a Reverse Mortgage will allow the spouse who wishes to remain in the original home, to take out a Reverse Mortgage so the other spouse can use the funds to purchase (realize I said purchase) another home, thus allowing the remaining spouse to occupy the marital home for as long as it's the primary residence, without having to make a single mortgage payment.


Problem solved for the Attorney as well as the two spouses.