Garn-St Germain and Your Estate Planning
Last week in this space we wrote about Arizona’s beneficiary deed option. The Arizona law allows you to set up an automatic transfer on death for real estate. No probate, no complications. There are things to look out for, of course, but it can work for many people. One thing you should know about: Garn-St […]
Reverse Mortgage Danger Signals
SEPTEMBER 13, 2010 VOLUME 17 NUMBER 28 This week’s Elder Law Issues addresses a problem that is increasingly common in the senior community: the aggressive sale of reverse mortgage arrangements to homeowners who may not really need or benefit from such a financing technique. We saw the following list of danger signals for reverse mortgage […]
Home Mortgage Lender Pays Damages in Repair Scheme
JUNE 21, 2010 VOLUME 17, NUMBER 20 [This week’s Elder Law Issues article, about a home repair / home loan scheme, was contributed by our friend and colleague Prof. Rebecca Morgan. Prof. Morgan holds the Boston Asset Management Chair in Elder Law (and is the Director of the Elder Law LL.M. program) at Stetson University […]