As
homeowners near retirement, often they consider leaving their cherished homes.
Parents planning to use the value of their homes to help finance the higher education costs of children could find their resources shot, and baby - boomer
homeowners nearing retirement who hoped to use their home's equity to pay for a portion of their retirement would have to delay or revise their plans.
Not exact matches
So, as many second
homeowners are closing up their family retreats for the season, it might be a good idea for those at or
nearing retirement age to think about how they might pass the asset down to the next generation — especially when multiple children and their spouses will be entering into joint ownership.