Reverse Mortgage to One Spouse Only

This column first appeared in the San Antonio Express News on February 5, 2018. Dear Mr. Premack: My husband and I are considering a reverse mortgage and have done some preliminary checking about the loan terms. Title to this house is in my name only, as I inherited it from my parents, but it is…

Reverse Mortgage May Be a Way to Pay for At-Home Care

Dear Mr. Premack: My question pertains to my disabled brother who receives care at home through Medicaid. His only asset is his home, worth about $85,000, which he inherited from our mother with approval of all 8 siblings. Is there an advantage to taking out a reverse mortgage to give him supplemental income to pay…