Laurie MacNaughton © 2021
It looked like it was heading for a bad outcome: Robert sold his mother’s home and placed her in a care facility.
The problem? Mom was on Medicaid, and her formerly exempt asset was now quite a large countable asset, which spelled big trouble for her care options.
Fortunately, Robert picked up the phone and called an elder law attorney, who listed buying another home among potential cures.
Because Reverse for Purchase has notably easier qualification guidelines, Robert’s mother qualified even on her limited income. And…yesterday she closed on a lovely new home. She is scheduled to move in shortly before Christmas.
Rarely in life is a problem too large. More often, solution sets are too small. In this case, Reverse for Purchase was the perfect fit for a problem that had few other solutions.
If someone you know is in need of options, give me a call. I always love hearing from you!