Legal Question in Wills and Trusts in California

Reverse Mortgage

I'm 68 yrs old & have a trust. If I need to get a reverse mortgage in the future, is that possible with a trust.


Asked on 11/04/08, 11:44 am

1 Answer from Attorneys
Phillip Lemmons, Esq. Phillip Lemmons APC, Attorneys at Law

Re: Reverse Mortgage

Yes. You'll probably have to remove the asset from the trust. If so, make sure you put it back. Make sure it's listed on the Schedule A.

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Answered on 11/04/08, 2:43 pm


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