Business
We’re talking about two important topics today: Are reverse mortgages a bad idea? And how can I help my widowed parent with their finances? Read more and get additional resources here: https://wp.me/p9B077-Me Learn more about reverse mortgages: https://smartmoneyquestions.com/podcastposts/episode-93-harlan-accola-behind-the-curtain-of-reverse-mortgages/ What we discuss on this show: 2:56 – Are reverse mortgages a bad idea? 6:35 – Different types of reverse mortgages 9:08 – Can we get kicked out of our home? 13:03 – How to help a widowed parent 14:49 – Look at beneficiaries 16:01 – Do you see any life insurance? 17:46 – Look at parent’s living arrangement 18:36 – Matt talks about is father’s passing 20:04 – Are liabilities joint or just in one parent’s name?