by admin | Sep 17, 2018 | Estate Planning, Mortgage Closing, Real Estate, Succession Planning, Tax Planning, Uncategorized
How much can I borrow with a reverse mortgage? How much you can borrow, depends on several factors. The age of the borrower. The older the borrower, the more that can be borrowed. Current Interest Rates The lower the interest rate, the more that can be borrowed. The...
by admin | Sep 14, 2018 | Estate Planning, Mortgage Closing, Real Estate, Succession Planning, Tax Planning, Uncategorized
Elders often struggle to find the resources to stay out of nursing homes and stay in their home, but still, need In Homecare. A reverse mortgage can be used to help make that happen. Medicaid can be used to pay for nursing home care, but stay at home care can be...
by admin | Sep 12, 2018 | Creditors Rights, Debt Collection
Attempting to hide assets from creditors (con’t) The Trust Fund Another more complex way people hide assets is by using a trust fund. Those people with a good amount of money may donate large amounts to a trust such as the Multi-Generation Trust where the...
by admin | Sep 7, 2018 | Creditors Rights, Debt Collection
One way debtors may try to hide assets is to gift them to trusted friends or relatives so they are exempt from creditors. Sometimes gifting these assets can cause problems if the person selected does not want to return the gift later on, and the gifter never receives...
by admin | Sep 5, 2018 | Uncategorized
Many people try to hide their assets in an attempt to evade losing them in the judicial process. There are several ways that people go about this process. Some people may use the names of relatives while other may even have different aliases and social security...
Recent Comments