Estate Tax in the United States

The estate tax is a tax imposed on the transfer of the “taxable estate” of every decedent who is a citizen or resident of the United States.  This applies whether such property is transferred via a will, according to the state laws of intestacy or...

What is a Reverse Mortgage?

1.  The homeowner borrows against the equity in his/her principle residence. 2.  Payment to the homeowner is received in either a lump sum on a monthly basis for a fixed term or as long as the homeowner remains in the home or on an ocassionally basis as a line of...