Reverse Mortgage Planning 

What are some of the features of a reverse mortgage? 

·        Enables homeowners age 62 and older to tap the equity they have in their home and receive tax-free income

·        No repayment is required until the home is no longer their principal residence

·        There are no income, asset, employment or credit requirements to participate

·        The homeowner retains title and ownership of the home

·        Cash advance can be used for any purpose

·        No Fixed Maturity Date

·        Tax-Free proceeds will not currently affect Social Security or Medicare benefits  

If you are interested in learning more about Reverse Mortgages and how they might benefit you in reducing your tax liability and improving your monthly income needs…call Rich Kruth to discuss your options. 

Questions? Click here to contact Rich

or call Rich’s office number 847-608-0547,

toll free number 877-TAXSFLP (829-7357),

or FLP Mobile number 847-767-7638