• Home
  • Practice Areas
    • Estate Planning
    • Probate
    • Elder Law
    • Business Planning
    • Pet Trusts
  • Blog
  • Meet Our Staff
  • Pay Online
  • Contact

Blog

Reverse Mortgages: Read the Fine Print

9/12/2015

 
Reverse Mortgages
Like almost anything in life, reverse mortgages can be great if utilized correctly and can result in financial chaos if used incorrectly. 

Reverse mortgages are marketed to older Americans as a means for people to have some extra money so that they may live comfortably.  Borrowers must be at least 62 years of age and must live in the home.  With a reverse mortgage, the homeowner always retains title to their property.  However, they may have little to show for it.

The negative to reverse mortgages is that while the borrower most of the time is not required to repay the loan provided they are living and stay in the home, upon death or moving from the home, the lender frequently becomes the virtual owner of the home.


Read More

Plan for Your Digital Assets

9/11/2015

 
Digital Assets
More and more people have assets online.  It might be a web based business; it might be a blog that is read by more than its author; it almost certainly includes some social media presence.

When clients come to our office for Estate Planning – more and more are mentioning types of assets that had not even been invented 10 years ago.  They are relatively easy to plan for, but like personal possessions it is important to have a plan in place for family harmony. 

Read More

    Categories

    All
    Business Law
    Celebrity Insight
    Conservatorship
    Elder Law
    Estate Planning
    Financial Planning
    Guardianship
    Michael's Ramblings

    RSS Feed

    Michael Burstein
    Picture
    Estate Planning and Probate Attorney, Manhattan Beach Local, Sports Enthusiast

    Archives

    April 2023
    November 2018
    April 2017
    June 2016
    January 2016
    December 2015
    November 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    January 2015
    September 2014
    August 2014
    July 2014
    June 2014
    April 2012
    April 2011

Picture
EXPLORE OUR SITE

  • Practice Areas

  • Seminars

  • Blog

  • Client Center

  • Meet Our Staff

  • Contact
LOS ANGELES

3611 Motor Avenue, Suite 220
Los Angeles, California 900
34


​Tel: (310) 391-1311

​Fax: (310) 391-4853

​
MANHATTAN BEACH

111 North Sepulveda Blvd. Suite 250 Manhattan Beach, California 90266

​​Tel: (310) 545-7878
Connect With Us 
  • Home
  • Practice Areas
    • Estate Planning
    • Probate
    • Elder Law
    • Business Planning
    • Pet Trusts
  • Blog
  • Meet Our Staff
  • Pay Online
  • Contact