Reverse Mortgage Guide for Estate Attorneys

For estate planning attorneys, a client's home is often their largest illiquid asset. A reverse mortgage can facilitate legacy planning, early inheritance disbursement, or liquidity for surviving spouses.

Estate Mechanics

• The loan becomes due and payable upon a maturity event (death, sale, or 12-month absence).
• Heirs have the option to satisfy the debt at 95% of the appraised value or the loan balance, whichever is less.

This content is strictly for professional advisor education and does not constitute legal or financial advice.