Using Reverse Mortgages in Long Term Care Planning

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Education & Training with Agape Long Term Care/Agape Real Estate 590513

I wear several hats.  One of them is a SRES Realtor (in fact I teach the course), one as a Certified Financial Planner (CFP), one in the Senior Market, and one specializing in Long Term Care (LTC) and Long Term Care insurance (LTCI).  I make the distinction because they are different.

I belong to the Corporation for Long Term Care (CLTC) which is primarily for CFPs that sell LTCI, and they just did a webinar for members entitled "Using Reverse Mortgages in Long-Term Care Plans."  It is a great presentation with some new ideas.  After watching it, I realize that this could be a huge, important marketing plan to sell not only LTCI, but Reverse Mortgages as well.  The Rev Mort can help solve the age old problem of "How do I pay for LTCI?"  And it can solve other problems as the webinar suggests.  For me, I think a collaboration between RM sellers, Realtors, and LTCI salespeople can forge a unique team.  The market has huge potential and unlimited possibilities.

I can forward the webinar to you to watch, but I would like you to go over in your mind who might be viable team members for this.  A basic understanding of Reverse Mortgages and LTCI products is needed, and that could be the first step of education the team.  Since I am active in all 3 areas, I can see the potential of this.  I'm telling you, it is huge!  Let me know if you are interested in the webinar.

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Rainer
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Deborah Nance
Orange County, Corona, Riverside, Los Angeles - Corona, CA
Southern California , Reverse Mortgage Specialist

Thank you for forwarding the webinar to me. I found it to be very easy to understand and it makes sense that with the help of a financial planner a reverse mortgage can be used for long term care planning.

Apr 08, 2011 11:02 AM #1
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