Home Equity Legacy Plan
Consultations & Appointments

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CASE EXAMPLES:

Example 1

Example 2

Example 3

Example 4

EXAMPLE TWO - Health & Medical Expenses

Mr. & Mrs. P - Ages 77 & 75 of Seattle, Washington

Both Mr. & Mrs. P have been in fairly good health.  Their concern is that they have experienced a significant increase in their medical cost in recent years and, looking to the future, they don't believe Congress will do anything about reducing or curbing may increased costs.  A neighbor just recently had to go into a Nursing Facility.  Fortunately her husband had a Long Term Care Insurance Policy, something Mr. & Mrs. P have been discussing for a long time but could not find the resources to acquire a policy.

One day Mrs. P read an article in the newspaper about Reverse Mortgages that discussed how a family in the Midwest was able to acquire a Long Term Care policy with the income obtained from the Reverse Mortgage.  Mrs. P told her husband and they called a Reverse Mortgage Specialist to find out how they can take advantage of this opportunity.

Mr. & Mrs. Price's home equity was $450,000 enabling them the opportunity to:

- Receive a payment of $1,000 per month for life or until they move from their home.

- This additional money enabled them to purchase a Long Term Care Policy.

- They will also have $25,000 in reserve funds for other expenses.