Several New (and surprisingly beneficial) Uses for Reverse Mortgages in: Gray Divorce, Retirement Income Planning, Settling Estates, BK13 and Solving for Foreclosure
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Name:Several New (and surprisingly beneficial) Uses for Reverse Mortgages in: Gray Divorce, Retirement Income Planning, Settling Estates, BK13 and Solving for Foreclosure
Date:July 19, 2016
Time:12:00 PM - 1:30 PM PDT
Event Description:
Attention Marin County Bar Association Members – Family Section and Others
Speakers: Mary Jo Lafaye, nmls #246222, HECM Reverse Mortgage Specialist and Barry H. Sacks, J.D., Ph.D.
Class Description: Gray Divorce” is increasing. This class will focus on the evolving understanding of the use of reverse mortgages in financial planning for seniors who are divorcing. It will include examination of the transactions in which reverse mortgages can help both parties obtain new homes with no debt service and transactions in which one party remains in the couple’s home and uses a reverse mortgage to purchase the other party’s interest in the home. The course will also consider the ways in which these transactions can increase the parties’ invested assets for retirement income and the income tax implications of these transactions.
To RSVP and get directions, please call Mary Jo Lafaye at 415-259-4979