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April 2014 Archives

Joseph Yule dies, leaves $18k estate and lessons re: elder abuse p2

Mickey Rooney was still married when he died in early April. He had been separated from his wife for some time, though, and she admitted to the press that she had not seen him for a year. The Hollywood Reporter said that the separation was the result of an agreement the couple signed after he accused her of physical abuse. (Rooney also had a restraining order against her son and daughter-in-law, whom the actor had sued for financial abuse.)

Joseph Yule dies, leaves $18k estate and lessons re: elder abuse

Ninian Joseph Yule Jr. passed away recently. He was 93 and had been in show business for more than 88 years. He starred in more than 200 movies -- even if he was not the lead, he was always a star. Like so many actors of the 1930s and '40s, his personal life was often more interesting than his work. He was married eight times and had as many or more children and step-children. His was not the typical story of an actor who peaked early and then fell apart.

Reverse mortgages can mean reversal of fortune for heirs, p. 3

We are wrapping up our discussion of the long arm of a reverse mortgage. A reverse mortgage is a loan against the equity in your house. To qualify, the homeowner must be 62 or older and must meet a few other conditions. The loan does not come due until the borrower dies or moves. We have been talking about how lenders are enforcing the loan terms when the borrower dies.

Reverse mortgages can mean reversal of fortune for heirs, p. 2

Discussing reverse mortgages reminds us somehow of Jessica Rabbit, the impossibly sultry wife of the title character in "Who Framed Roger Rabbit?." At one point in the movie, she tells a detective, "I'm not bad. I'm just drawn that way."

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