Reverse mortgages have lately gained popularity as a way to raise cash using your home as security.  A high-profile lawsuit was filed against the U.S. Department of Housing and Urban Development on behalf of all widowed homeowners who were adversely affected by the terms of a federal policy regarding reverse mortgages. Imagine facing the loss of your home soon after suffering the loss of your spouse. Suppose the death was unexpected or sudden, which can bring even more emotional and financial stress.  It’s a frightening prospect. I am not opining on the pros (or cons) of reverse mortgages.  But from an estate planning perspective, I believe that losing your spouse need not mean losing your home.  As an estate planning attorney I often present clients with several options in the form of certain trusts and property deeds that can help protect their home in the event of a spouse’s death.  There are also trusts that can prevent the sale of a home in certain situations.  And there may be other strategies and planning we can take that are just right for you.  Not all types of legal arrangements are suitable for everyone, but I believe time spent planning now can provide additional security as well as peace of mind in the future. Whether you have an existing estate plan or not, whether you own a home or not, I am happy to talk to you about any questions, issues or concerns you may have.  Need to update your will, or start from scratch?  Just give me a call and we can get started with a plan that meets your needs.  To schedule a consultation, please contact us at 818.956.9200818.956.9200. Glendale Location 616 E. Glenoaks Boulevard, Suite 203 Glendale, CA 91207 Sherman Oaks Location 15303 Ventura Boulevard, Suite 900 Sherman Oaks, CA 91403