It’s a fact that scam artists prey on older adults. Scammers steal identifying information and use it to obtain cash, make purchases, or open new credit card accounts. If your relative’s identity has been stolen, take action quickly. But be methodical! Keep track of every report you make. Log every call. Send any documents by…
Posts Categorized: Finances
Is a reverse mortgage appropriate?
If your loved one is worried about having enough money, he or she may be considering a reverse mortgage. A reverse mortgage enables a homeowner to turn some of the equity in a home into cash. You might think of it as an advance payment on the accrued value of the home. An approved lender…