June 10th, 2016 1:10 PM by Juan Luis Rodriguez-Kohly
/ Retirement Planning (Florida)
Seniors have a great need of advice regarding financial issues affecting their
daily lives and long term goals. Today, with retirees living longer, there is a
greater need to establish an additional source of liquidity to complement their
Reverse Mortgage has Ceased to be a “Last Resort” Planning Tool. Today, it is
much more! It can be a Stand-By Strategic Funding Tool for a Lower Cost
consumption of the home’s equity through a Reverse Mortgage, in lieu of consuming the value of investment assets, could
help drive the growth of other assets.
can choose to receive the Tax-Free* proceeds in one of 4 ways: 1)
Lump Sum or,2) Monthly Advances or, 3) a GROWING
CreditLine or,4) a combination of 1, 2 and 3 above.
accrues only on outstanding debt. On the CreditLine or Monthly Advances options,
unused proceeds do not accrue interest until funds received.
uses listed below should NOT be the primary reasons to get a Reverse
Mortgage. However, it could also provide opportunities for financial
Avoid selling assets and paying Capital Gains Tax,? Estate
Preservation,? Reduce Taxable Estate, ? Additional source of liquidity,
? Reduce taxable IRA withdrawals, ? Manage market volatility, ?
Charitable or Sect. 529 Educ. Gifts,? Delay Social Security,? Portfolio
Growth / Survivability, ? Life Insurance Trust -“2nd to die
Tax Free* Cash Reserve with a GROWINGCreditLine.
option chosen),? No
Pre-Payment penalty (partial
A partial pre-payment will increase CreditLine (if
that option chosen),?
Portion of a Pre-payment applicable to interest could be tax
deductible*,? etc... Powerful
Solutions For Today! * We
do not provide legal, financial or tax advise. Consult competent
to Financial Assessment Requirements, to errors and/or omissions and to
change without prior notice. ** (IRS.gov Pub 936 or
1-800-829-1040) We don’t provide tax, financial or
legal advise. This Document has Not been approved by HUD/FHA/CFPB.
There are many myths today about reverse mortgage products and services.
For this reason our organization is currently working with other financial
professionals such as: CPA’s, Estate Attorneys, Financial Planners, Insurance
Agents, Credit Unions and Banks, to dispel the myths and set the record
straight. It will help your Advisors to better assist you. Send the link below to your trusted Advisor: http://HappySeniorHomeOwners.com/FinancialAdvisors
To view this information in Spanish:http://HappySeniorHomeOwners.com/PlaneacionFinanciera
can offer you a free, no obligation Confidential Personalized Estimate: 1)
Call 786-262-6486 or 2) Fax (786) 345-0783 or 3) email RodKohly@gmail.com me