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re: Spinoff on Reverse Mortgage

Posted on 8/13/14 at 2:31 pm to
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8541 posts
Posted on 8/13/14 at 2:31 pm to
Why don't you just buy the house and grant them a usufruct (right to use the house for the remainder of their lives)? That might be the easiest way to accomplish what you're trying to do.

ETA: You might be wise to draw up additional paperwork that outlined who is responsible for maintenance, upkeep, taxes, etc. if you go this route.
This post was edited on 8/13/14 at 2:32 pm
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