November 17, 2014

Should you tell your adult children about your reverse mortgage?

By Marcie Geffner - Bankrate.com
Senior homeowners who want to get a reverse mortgage might wonder whether they should discuss their plan with their adult children.
The answer: maybe.
"I wish I could give you one best practice that's optimal for every family, but it's more complex than that," says Joseph Goetz, an associate professor for the department of financial planning, housing and consumer economics at the University of Georgia and a board member of the Financial Therapy Association.
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