The federal government is eliminating its most popular reverse mortgage. Soon homeowners will no longer be able to get a lump-sum payment if they apply for a reverse mortgage under the Home Equity Conversion Mortgage (HECM) Standard program. A reverse mortgage allows a homeowner aged 62 or older to receive a sum of money from Read more about Federal Government Is Getting Rid of Popular Reverse Mortgage Option[…]

End-of-life care decisions are never easy, but many Medicare recipients are being forced to choose between nursing home or hospice care, although neither by themselves may be ideal for a patient nearing the end of life. Nursing homes are great for providing around-the-clock care, but in general hospice care is considered to be better at Read more about Medicare End-of-Life Dilemma: Hospice or Nursing Home?[…]

If you choose to write your own will, you run the risk of not having your estate distributed the way you want, as a recent Pennsylvania case illustrates. George Zeevering apparently wanted his estate to go to two of his five children. Instead of seeking out an elder law attorney to advise him on drawing Read more about Do-It-Yourself Will Leads to Unwanted Result[…]