July Must-Read: HECMs as a Funding Source for In-Home Long-Term Care
Monday, July 10, 2017
Your Journal is a highly respected source of information you can use to elevate your level of client service immediately. The most recent issue delivers content you can apply right now, with a particular focus on insurance and financial planning.
In one of the highlights of the July issue, Stephen R. Pepe, JD, gives an excellent overview of how a home equity conversion mortgage (HECM), or reverse mortgage, can be an effective alternative to long-term care insurance for clients in need of assistance with funding in-home care. The author presents several detailed case studies to illustrate how home equity can be a viable in-home care funding source and explains why he recommends that every financial advisor include HECMs in their conversations with older clients.
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