FALSE FACTS FRIDAY: Vol. 2, Issue 6 “Getting a Reverse Mortgage Means We Forfeit All of the Equity We Have in our Home to the Bank”

By: Joan Reed Wilson As part of our elder law and long-term care planning practice, we often recommend reverse mortgages to clients. And we are often met with resistance. One of the most common misconceptions about reserve mortgages is that if someone obtains a reverse mortgage, all hope of ever having any equity to pass…