Home Finance My mother-in-law’s nursing home costs $315 a day, but her long-term care policy pays $100. My in-law’s house has a reverse mortgage. What should we do?

My mother-in-law’s nursing home costs $315 a day, but her long-term care policy pays $100. My in-law’s house has a reverse mortgage. What should we do?

by CoinNews


“Should I pay off the reverse mortgage and risk losing the money if she ends up spending years in a home?”

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