Tag: Housing
Boston trust attorney Michael Puzo has seen it time and again: people procrastinate about writing a will or putting their estate in order. “It forces them to face their mortality, and they don’t want to,” he said. Even those with modest assets – a house, a 401k, and maybe a life insurance policy – should…
The equity in older Americans’ homes has risen smartly over the past year, fueled by the housing market rebound. But whether retirees will tap these gains to pay their bills remains in doubt. Equity values for homeowners who are 62 or older was $3.34 trillion in the second quarter of this year – nearly 10…
