Doing Good and Doing Well
Employing reverse mortgages and gift annuities can help planned-giving officers guide elderly donors into mutually beneficial arrangements.
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* All parties enjoy the legal protections inherent in contract law. Mortgagors and mortgagees have legal rights under a RM agreement. Your organization and your donor each will have protections and obligations with a GA.
* Both products enjoy a good reputation with industry professionals. There are no learned, credentialed financial professionals who disdain the use of these two products when their use has been qualified.
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- People:
- Steffan F. Cress
- Places:
- Tampa, Fla.
Steffan F. Cress
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