What Should I Know about Reverse Mortgage Scams?

January 23, 2021
Bill O’Leary, Esq.
Asset Protection, Elder Care, Elder Law, Estate Planning, Long-Term Care Planning

For some older homeowners, a reverse mortgage can be a way to supplement retirement income, consolidate debts or cover expenses, like health care. For scam artists, they can be a lucrative tool to fleece people in their 60s and up out of large sums of money, or even their homes.

Can I Afford In-Home Elderly Care?

November 2, 2020
Bill O’Leary, Esq.
Asset Protection, Elder Care, Elder Law, Estate Planning, Long-Term Care Planning

Amid headlines of COVID-19 infiltrating nursing homes and large senior care facilities, it’s understandable that many Americans would prefer to avoid assisted living environments as they grow older. However, the trend to age in place predates the pandemic. Remaining at home was the first choice for 76% of Americans age 50 and older, according to a 2018 AARP survey.

Do I Need Long-Term Care and Why?

February 7, 2020
Bill O’Leary, Esq.
Elder Law, Estate Planning, Life Insurance, Long-Term Care Planning

Long-term care, often called custodial care, is a range of services and support to meet health or personal care needs over an extended period of time. This is non-medical care provided by non-licensed caregivers.

How Much Will Long-Term Care Cost?

August 12, 2019
Bill O’Leary, Esq.
Elder Law, Estate Planning, Long-Term Care Planning

Many people are frightened of long-term care costs—for good reason.

Will a Reverse Mortgage Help Me in Retirement?

While it’s common advice that retirees should avoid borrowing if possible, situations could arise when it will be necessary. Where to turn?