Why Do I Need A Reverse Mortgage When I Can Just Leave My Home To My Kids?
75% of all seniors will need either in-home care or nursing home care.
Without Long Term Care Insurance in place, when seniors need long term care, they could easily go through spend down of their assets prior to qualifying for Medicaid. This “spend down” often leaves little to nothing for the senior’s heirs.
Long Term Care Insurance provides seniors choices giving them the opportunity to receive care at home rather than being forced to receive care in a nursing home prematurely. Both Long Term Care Insurance and Life Insurance can be purchased with the proceeds from a Reverse Mortgage. For more information email me at reversemortgagesforseniors@yahoo.com
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