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How can I get out of a reverse mortgage?

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people who are unable to pay for their

mortgages

in some cases they do this willingly in

some case we’re litigating them out of

their reverse mortgages either during

life or after death through their

beneficiaries because they didn’t

understand what they did a reverse

mortgage essentially the bank will

take your property upon your death

for cash today whether it be on a

monthly basis or a lump sum

and this is a very common reason where

we step in

during life if let’s say an elderly

person was taken advantage by a mortgage

broker or banker or after death while

going through probate

so that once we have the executor

administrator appointed we can refinance

or sell the property to avoid it

actually going to the bank

NY estates planning & probate attorney Russel Morgan, Esq. explains how you can get out of a reverse mortgage.

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