reverse mortgage means losing equity

Is a Reverse Mortgage a Good Idea? Pros and Cons to Consider

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

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Attorney Joan Wilson Elected VP of NAELA

Attorney Joan Wilson Elected Vice President of National Academy of Elder Law Attorneys RWC, LLC, Attorneys and Counselors at Law is pleased to announce that Attorney Joan Wilson was elected Vice-President of the CT Chapter of the National Academy of Elder Law Attorneys (“NAELA”). Attorney Wilson has been a member of NAELA for 15 years…

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older couple looking at paperwork - difference between DNR and living will

DNR and Living Will: What You Need to Know

What Is The Difference Between DNR and Living Will? A DNR (Do Not Resuscitate) order is a medical directive that instructs healthcare providers not to perform CPR or other life-saving measures if a person’s heart stops or they stop breathing. A living will, on the other hand, is a legal document that outlines a person’s…

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Review Your Medicare Plan - which medicare plan is the best

Do You Have To Review Your Medicare Plan Every Year?

Every year, the Medicare Annual open Enrollment Period (“AEP”) is October 15 – December 7. AEP is the time that Medicare recipients can review and change their Medicare plan if they should choose to do so. FALSE FACTS FRIDAY Issue 11: “I’m Happy with My Medicare Plan, So I Don’t Have to Review It for…

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family eating outside - tips to avoid family squabbles

Ten Timely Tips To Avoid Family Squabbles In Estate Planning

In our estate planning, probate, and elder law practice here at Reed Wilson Case we often see family squabbles that erupt because of unmet expectations. Many of these expectations involve emotionally valuable personal property. And many of them erupt after the passing of a loved one.   Related Post: What To Include In A Will…

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Protect Your Money From Nursing Homes

Do You Need To Protect Your Money From Nursing Homes?

FALSE FACT Vol. 1, Issue 1:   If you don’t protect your money, the State will take it.  This is probably the most common “inaccurate” statement that I hear in my elder law practice. We do help clients protect their assets, but not because the State will take them if you don’t protect them. Welcome to…

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