However, general knowledge about allowable tax-free gifts is an important tool in helping clients make decisions on ways to tap into the equity ... The lump sum reverse mortgage provides a way to achieve that goal: Eliminate Credit Cards According to Consumer Credit Counseling Service, as of the year 2002, the average family in the United States has outstanding credit card debt of more than $8, 000.
|Title||:||Reverse Mortgages for Senior Homeowners|
|Author||:||Bob LaFay, Doris Barrell|
|Publisher||:||Dearborn Trade Publishing - 2003-01-01|