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Home Care in Columbia, CT

They say that your golden years are the best years of your life. For most older Americans, that's how it should be - a time to relax, reflect, and live life in a familiar place. After all, senior citizens in the U.S. have worked tirelessly to build a better economy, serve their communities, and raise families.

However, as seniors grow older, sometimes they cannot live independently without someone by their side to provide care. Unfortunately, some older Americans aren't able to rely on their adult children for help. The reality in today's world is that family members do not have the skills or time to dedicate to caring for their parents. That's where Always Best Care Senior Services comes in.

Our in-home care services are for people who prefer to stay at home as they grow older but need ongoing care that family or friends cannot provide. More and more older adults prefer to live in the comforts or their home rather than in an assisted living community. Home care in Columbia, CT is a safe, effective way to give your loved ones the care they need when they need it the most.

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Home Care Columbia, CT

The Always Best Care Difference

Since 1996, Always Best Care has provided non-medical in-home care for seniors to help them maintain a healthy lifestyle as they age. We are proud to have helped tens of thousands of seniors to maintain a higher level of dignity and respect. We focus on providing seniors with the highest level of home care available so that they may live happily and independently.

Unlike some senior care companies, we genuinely want to be included in our clients' lives. We believe that personalized care is always the better option over a "one size fits all" approach. To make sure our senior clients receive the best care possible, we pair them with compassionate caregivers who understand their unique needs.

The Always Best Care difference lies in life's little moments - where compassionate care and trustworthy experience come together to help seniors live a fruitful, healthy life. Whether you are an aging adult that can't quite keep up with life's daily tasks or the child of a senior who needs regular in-home care services in Columbia, CT. Always Best Care is here to help.

How does In-home Senior Care in Columbia, CT work?

Home is where the heart is. While that saying can sound a tad cliche, it's especially true for many seniors living in America. When given a choice, older adults most often prefer to grow older at home. An AARP study found that three out of four adults over the age of 50 want to stay in their homes and communities as they age. When you begin to think about why, it makes sense. Home offers a sense of security, comfort, and familiarity.

The truth is, as we age, we begin to rely on others for help. When a family is too busy or lives too far away to fulfill this role, in-home senior care is often the best solution. Home care services allow seniors to enjoy personal independence while also receiving trustworthy assistance from a trained caregiver.

At Always Best Care, we offer a comprehensive range of home care services to help seniors stay healthy while they get the help they need to remain independent. As your senior loved one ages, giving them the gift of senior care is one of the best ways to show your love, even if you live far away.

 In-Home Care Columbia, CT

Types of In-home Care in Columbia, CT

To give our senior clients the best care possible, we offer a full spectrum of in-home care services:

 Elderly Care Columbia, CT

Personal Care Services

If your senior loved one has specific care needs, our personal care services are a great choice to consider. Personal care includes the standard caregiving duties associated with companion care and includes help with tasks such as dressing and grooming. Personal care can also help individuals with chronic conditions like diabetes or Parkinson's or Alzheimer's.

Common personal care services include assistance with:

  • Eating
  • Mobility Issues
  • Incontinence
  • Bathing
  • Dressing
  • Grooming
 Senior Care Columbia, CT

Home Helper Services

Sometimes, seniors need helpful reminders to maintain a high quality of life at home. If you or your senior has trouble with everyday tasks like cooking, our home helper services will be very beneficial.

Common home helper care services include assistance with:

  • Medication Reminders
  • Meal Preparation
  • Pet Care
  • Prescription Refills
  • Morning Wake-Up
  • Walking
  • Reading

Respite Care Columbia, CT

Companionship Services

Using this kind of care is a fantastic way to make life easier for you or your senior loved one. At Always Best Care, our talented caregivers often fill the role of a companion for seniors. That way, older adults can enjoy their favorite activities and hobbies while also receiving the care they need daily or weekly.

Common companionship services include:

  • Grocery Shopping
  • Transportation to Appointments
  • Nutritional Assistance
  • Conversation
  • Planning Outings
  • Completing Errands
  • Transportation to Community Events and Social Outings
 Caregivers Columbia, CT

Respite Care Services

According to AARP, more than 53 million adults living in the U.S. provide care to someone over 50 years old. Unfortunately, these caregivers experience stress, exhaustion, and even depression. Our respite care services help family caregivers address urgent obligations, spend time with their children, and enjoy other activities. Perhaps more importantly, respite care gives family members time to recharge and regroup. Taking personal time to de-stress helps reduce the risks of caregiver burnout.

When it comes to non-medical home care, our goal is to become a valuable part of your senior's daily routine. That way, we may help give them the highest quality of life possible. We know that staying at home is important for your loved one, and we are here to help make sure that is possible. If you have been on the fence about non-medical home care, there has never been a better time than now to give your senior the care, assistance, and companionship they deserve.

Benefits of Home Care in Columbia, CT

Always Best Care in-home services are for older adults who prefer to stay at home but need ongoing care that friends and family cannot provide. In-home care is a safe, effective way for seniors to age gracefully in a familiar place and live independent, non-institutionalized lives. The benefits of non-medical home care are numerous. Here are just a few reasons to consider senior care services from Always Best Care:

Home Care Columbia, CT
  • Age in Place
    According to AARP, 9 out of 10 seniors prefer to age in place within the comfort of their own home. With in-home care, seniors have a way to stay at home, receive the care they need, and maintain a sense of independence, improving overall wellness.
  • Peace of Mind
    If you or a member of your family have assumed the role of caregiver for your senior loved one, you know how stressful the job can be. Between caregiver burnout and constant worry, being a family caregiver is hard. In-home care relieves your burden and gives you peace of mind knowing that your senior family member is in expert hands.
  • Socialization
    Unlike many senior care facilities where the staff and residents rotate frequently, seniors can foster new friendships and build bonds with their caregiver. Seniors who socialize on a regular basis are often happier, which fosters positivity and leads to increased wellbeing.
  • Personalized Care Plan
    No two seniors need the same kind of in-home care assistance. That is why each of our care plans are tailored to meet our client's individual needs. We offer plans that cover everything from light housekeeping to more involved duties like transportation to doctor's appointments. Our Care Coordinators will work closely with you to develop a personalized plan to ensure your senior's needs are exceeded.

Always Best Care offers a full array of care options for clients at all levels of health. With our trusted elderly care services, your loved one will receive the level of care necessary for them to enjoy the highest possible quality of life.

Aging in Place: The Preferred Choice for Most Seniors

While it's true that some seniors have complicated medical needs that prevent them from staying at home, aging in place is often the best arrangement for seniors and their families. With a trusted caregiver, seniors have the opportunity to live with a sense of dignity and do so as they see fit.

In-home care makes it possible for millions of seniors to age in place every year. Rather than moving to a unfamiliar assisted living community, seniors have the chance to stay at home where they feel the happiest and most comfortable.

 In-Home Care Columbia, CT

Here are just a few of the reasons why older men and women prefer to age at home:

Comfort

How much does a senior's home truly mean to them?

A study published by the American Society on Aging found that more than half of seniors say their home's emotional value means more than how much their home is worth in monetary value. It stands to reason, that a senior's home is where they want to grow old. With the help of elderly care in Columbia, CT, seniors don't have to age in a sterilized care facility. Instead, they can age gracefully in the place they want to be most: their home. In contrast, seniors who move to a long-term care facility must adapt to new environments, new people, and new systems that the facility implements. At this stage in life, this kind of drastic change can be more harmful than helpful.

Healthy Living

Institutional care facilities like nursing homes often put large groups of people together to live in one location. On any given day, dozens of staff members and caregivers run in and out of these facilities. Being around so many new people in a relatively small living environment can be dangerous for a seniors' health and wellbeing. When you consider that thousands of seniors passed away in nursing homes during the COVID-19 pandemic, opting for in-home care is often a safer, healthier choice for seniors. Aging in place has been shown to improve seniors' quality of life, which helps boost physical health and also helps insulate them from viral and bacterial risks found in elderly living facilities.

Independence

For many seniors, the ability to live independently with assistance from a caregiver is a priceless option. With in-home care, seniors experience a higher level of independence and freedom - much more so than in other settings like an assisted living community. When a senior has the chance to age in place, they get to live life on their own terms, inside the house that they helped make into a home. More independence means more control over their personal lives, too, which leads to increased levels of fulfillment, happiness, and personal gratification. Over time, these positive feelings can manifest into a healthier, longer life.

Cost and Convenience

More independence, a healthier life, and increased comfort are only a few benefits of aging in place. You have to take into consideration the role of cost and convenience. Simply put, it's usually easier to help seniors age in place than it is to move them into an institutional care facility. In-home care services from Always Best Care, for instance, can be less expensive than long-term solutions, which can cost upwards of six figures per year. To make matters worse, many residential care facilities are reluctant to accept long-term care insurance and other types of payment assistance.

 Elderly Care Columbia, CT

With Always Best Care's home care services, seniors and their families have a greater level of control over their care plans. In-home care in Columbia, CT gives seniors the chance to form a bond with a trusted caregiver and also receive unmatched care that is catered to their needs. In long-term care facilities, seniors and their loved ones have much less control over their care plan and have less of a say in who provides their care.

Affordable Care Plans

In-home care is a valuable resource that empowers seniors to age in place on their own terms. However, a big concern for many families and their loved ones is how much in-home care costs. If you're worried that in-home care is too expensive, you may be pleasantly surprised to learn that it is one of the most affordable senior care arrangements available.

Typically, hiring an Always Best Care in-home caregiver for a few hours a week is more affordable than sending your loved one to a long-term care facility. This is true even for seniors with more complex care needs.

At Always Best Care, we will work closely with you and your family to develop a Care Plan that not only meets your care needs, but your budget requirements, too. Once we discover the level of care that you or your senior need, we develop an in-home care plan that you can afford.

 Senior Care Columbia, CT

In addition to our flexible care options, families should also consider the following resources to help offset potential home care costs:

  • Veteran's Benefits: Attendance and aid benefits through military service can cover a portion of the costs associated with in-home care for veterans and their spouses.
  • Long-Term Care Insurance: Many senior care services like in-home care are included in long-term care insurance options. Research different long-term care solutions to find a plan that provides coverage for senior care.
  • Private Insurance: Home care can be included as part of a senior's private insurance plan. Read over your loved one's insurance policy carefully or speak with their insurance provider to determine if in-home care is covered.
  • Life Insurance: Depending on the life insurance plan, you may be able to apply your policy toward long-term care. You may be able to use long-term-care coverage to help pay for in-home elderly care.

During your Care Plan consultation with Always Best Care, your Care Coordinator will speak with you about in-home care costs and what options there may be to help meet your budget needs.

Compassionate Care. Trusted Caregivers

When you or your senior loved one needs assistance managing daily tasks at home, finding a qualified caregiver can be challenging. It takes a special kind of person to provide reliable care for your senior loved one. However, a caregiver's role involves more than meal preparation and medication reminders. Many seniors rely on their caregivers for companionship, too.

Our companion care services give seniors the chance to socialize in a safe environment and engage in activities at home. These important efforts boost morale and provide much-needed relief from repetitive daily routines. A one-on-one, engaging conversation can sharpen seniors' minds and give them something in which to be excited.

At Always Best Care, we only hire care providers that we would trust to care for our own loved ones. Our senior caregivers in Columbia,CT understand how important it is to listen and communicate with their seniors. A seemingly small interaction, like a short hug goodbye, can make a major difference in a senior's day. Instead of battling against feelings of isolation, seniors begin to look forward to seeing their caregiver each week.

Understanding the nuances of senior care is just one of the reasons why our care providers are so great at their job.

Unlike some senior care companies, our caregivers must undergo extensive training before they work for Always Best Care. In addition, our caregivers receive ongoing training throughout the year. This training ensures that their standard of care matches up to the high standards we've come to expect. During this training, they will brush up on their communication skills, safety awareness, and symptom spotting. That way, your loved one receives the highest level of non-medical home care from day one.

Taking the First Step with Always Best Care

The first step in getting quality in-home care starts with a personal consultation with an experienced Care Coordinator. This initial consultation is crucial for our team to learn more about you or your elderly loved one to discover the level of care required. Topics of this consultation typically include:

01

An assessment of your senior loved one

02

An in-depth discussion of the needs of your senior loved one to remain in their own home

03

Reviewing a detailed Care Plan that will meet your senior loved one's needs

Our caregivers are trained to spot changes that clients exhibit, like mental and physical decline. As your trusted senior care company, we will constantly assess and update your Care Plan to meet any new emotional, intellectual, physical, and emotional needs.

If you have never considered in-home care before, we understand that you and your family may have concerns about your Care Plan and its Care Coordinator. To help give you peace of mind, know that every team member and caregiver must undergo comprehensive training before being assigned to a Care Plan.

Latest News in Columbia, CT

Citizens urged to take survey to revitalize historic Old Town/Town Center districts

As growth and development continue to be part of the daily conversation in Spring Hill, there is also the push to revitalize its historic past and establish a proper "downtown" district.In 2019, the city founded what has now become the Town Center Redevelopment Committee, focusing on revitalization of properties located along Main Street, or what is known as the Town Center and Old Town districts. The area, located adjacent to the former Tennessee Children's Home and the upcoming Kedron Square multi-use develo...

As growth and development continue to be part of the daily conversation in Spring Hill, there is also the push to revitalize its historic past and establish a proper "downtown" district.

In 2019, the city founded what has now become the Town Center Redevelopment Committee, focusing on revitalization of properties located along Main Street, or what is known as the Town Center and Old Town districts. The area, located adjacent to the former Tennessee Children's Home and the upcoming Kedron Square multi-use development, was once a thriving district for local businesses, churches and residents.

It's a place that contains some of Spring Hill's oldest buildings.

The committee meets at 5:30 p.m. every second Wednesday of the month at Spring Hill City Hall, and welcomes the public to attend and provide its input.

Unprecedented growth throughout the city has created a need for revitalization. Citizens have expressed concern about whether the city's future will retain its historic character, while providing the best opportunities for small businesses.

The Town Center Redevelopment Committee is now asking citizens to take part in an online survey to provide input and ideas about how they wish to see the area developed.

"We started this project under [former Mayor] Rick Graham, who started us as a task force, and I'm not sure the city was entirely clear about what they wanted to do except that we needed to develop a central gathering place for our community," Alicia Fitts, who serves on the committee as well as the Spring Hill Historic Commission, said.

"We identified three character areas that would form a downtown district, with each one of them representing a different stage of our history."

The three areas include the Old Town and Town Center Districts, as well as the Kedron Square development, all within an approximately 95-acre area.

"There is a lot of resilience in the heart of our city, and we need to invest in that part of the city," Fitts said. "Old Town was where we started, and Town Center was where we were going to go."

The committee recently hosted a public input meeting at the Spring Hill Public Library, where dozens of local citizens and Main Street property owners could share their wishes regarding the Town Center and Old Town's future.

The survey is available online at www.SurveyMonkey.com/r/SpringHillTN.

"We want some definition to that area, want to feel like it's warm, friendly and where it all started," Fitts said. "Those of us who were raised there still feel it's that way, but those of us who are new have a very different first impression."

Envisioning the future, while honoring the past

The input meeting was conducted with Nashville-based CT Consultants, who presented an overview of the team's goals.

Project manager Paul Roszak, who was joined by fellow CT regional manager and Spring Hill Planning Commission vice-chair James Golias, led the discussion.

"Our redevelopment plan goals are to develop a plan that is reflective of the community's vision for improvements for the corridors within Old Town, while also addressing infrastructure needs, to promote economic development, reinforce and support business growth," Roszak said. "It's also to promote Spring Hill's history and culture, provide connectivity within Old Town to adjacent neighborhoods in areas like Town Center and Kedron Square, providing an attractive, inviting and cohesive identity for the community."

Roszak shared examples of how similar projects have upgraded historic areas in towns like Franklin, such as revitalizing sidewalks and buildings along its Main Street, 5th Avenue, Franklin Road and Columbia Avenue.

"Part of this whole project was to make it safer for pedestrians, with new street lighting systems, something that was appropriate for lighting the roadway and sidewalk areas," Roszak said. "Widening sidewalks made it much more inviting for pedestrians, and for motorists as well, also to service traffic calming."

What do citizens/property owners want?

Alderman Hazel Nieves, who also serves on the redevelopment committee, said when the project was first proposed, one thing realized was that Spring Hill doesn't have a definitive "downtown" like in other cities like Franklin or Columbia.

Some citizens spoke about the need for green space, benches and upgraded walkways, as well as a space for things like a farmers market and other community events. While others addressed the need for better parking, as well as public art, such as murals.

"It would be really cool to have something interactive, like where people can see what it used to look like," Sarah Gonzalez, founder of Spring Hill Bakery said.

"And I feel like we need a lot of public art, whether it can somehow be worked into the local architecture, like mosaics or murals. Having our local Art Walk with about 40 local artists, it would be really good to include a lot of the people who are currently making Spring Hill history."

Fitts concluded the meeting by saying that the undertaking will be a multi-phase project that will take a lot of input, time and, above all, patience.

"If you guys are expecting downtown to be transformed in the next year, I'm sorry, but don't hold your breath," Fitts said.

"Keep those emails coming, and we will see that this gets done."

Attorney General Tong Secures $1.2 Million for Connecticut Consumers Deceived by TurboTax

Connecticut Joins All 50 States in Agreement with TurboTax Owner Intuit for Deceiving Low-Income Americans into Paying for Free Tax Services (Hartford CT) – Attorney General William Tong today secured $1.2 million in restitution for 40,841 Connecticut consumers from the owner of TurboTax, Intuit Inc. (Intuit) who deceived consumers into paying for tax services that should have been free. As a result of a ...

Connecticut Joins All 50 States in Agreement with TurboTax Owner Intuit for Deceiving Low-Income Americans into Paying for Free Tax Services

(Hartford CT) – Attorney General William Tong today secured $1.2 million in restitution for 40,841 Connecticut consumers from the owner of TurboTax, Intuit Inc. (Intuit) who deceived consumers into paying for tax services that should have been free. As a result of a multistate agreement, Intuit will pay $141 million in restitution to millions of consumers across the nation who were unfairly charged. In addition, Intuit must suspend TurboTax’s “free, free, free” ad campaign that lured customers with promises of free tax preparation services, only to deceive them into paying for services. All 50 states and the District of Columbia have signed onto the agreement.

“TurboTax marketed their services as ‘free, free, free,’ but what they really meant was ‘fee, fee, fee.’ More than 40,000 Connecticut consumers were tricked into paying for these supposedly free tax services. Our agreement forces TurboTax to pay back $141 million in restitution nationwide—including $1.2 million to Connecticut consumers. If you are eligible for this restitution, you do not need to take any action. Impacted consumers will automatically receive a notice and check in the mail for $29.64,” said Attorney General Tong.

An investigation into Intuit began after ProPublica reported that the company was using deceptive digital tactics to steer low-income consumers toward its commercial products and away from federally-supported free tax services.

Intuit has offered two free versions of TurboTax. One was through its participation in the IRS Free File Program, a public-private partnership with the Internal Revenue Service (IRS), which allows taxpayers earning roughly $34,000 and members of the military to file their taxes for free. In exchange for participating in the program, the IRS agreed not to compete with Intuit and other tax-prep companies by providing its own electronic tax preparation and filing services to American taxpayers.

In addition, Intuit offers a commercial product called “TurboTax Free Edition,” which is only free for taxpayers with “simple returns” as defined by Intuit. In recent years, TurboTax has marketed this “freemium” product aggressively, including through ad campaigns where “free” is the most prominent or sometimes the only selling point. In some ads, the company repeated the word “free” dozens of times in as short as 30 seconds. However, the TurboTax “freemium” product is only free for approximately one-third of US taxpayers. In contrast, the TurboTax Free File product was free for 70 percent of taxpayers.

The multistate investigation found that Intuit engaged in several deceptive and unfair trade practices that limited consumers’ participation in the IRS Free File Program. The company used confusingly similar names for both its IRS Free File product and its commercial “freemium” product. Intuit bid on paid search advertisements to direct consumers who were looking for the IRS Free File product to the TurboTax “freemium” product instead. Intuit also purposefully blocked its IRS Free File landing page from search engine results during the 2019 tax filing season, effectively shutting out eligible taxpayers from filing their taxes for free. Moreover, TurboTax’s website included a “Products and Pricing” page that stated it would “recommend the right tax solution,” but never displayed or recommended the IRS Free File program, even when consumers were ineligible for the “freemium” product.

Intuit will pay $141 million in restitution, of which roughly $2.5 million will be used for administrative fund costs.

Under the agreement, Intuit will provide restitution to millions of consumers who started using TurboTax’s Free Edition for tax years 2016 through 2018 and were told that they had to pay to file even though they were eligible to file for free using the version of TurboTax offered as part of the IRS Free File program. Consumers are expected to receive a direct payment of approximately $30 for each year that they were deceived into paying for filing services. Impacted consumers will automatically receive notices and a check by mail.

Intuit has also agreed to reform its business practices, including: • Refraining from making misrepresentations in connection with promoting or offering any online tax preparation products; • Enhancing disclosures in its advertising and marketing of free products; • Designing its products to better inform users whether they will be eligible to file their taxes for free; and • Refraining from requiring consumers to start their tax filing over if they exit one of Intuit’s paid products to use a free product instead.

Intuit withdrew from the IRS Free File program in July 2021.

New York and Tennessee led the multistate investigation with support from the attorneys general of Florida, Illinois, New Jersey, North Carolina, Pennsylvania, Texas, and Washington. All 50 states and the District of Columbia joined this agreement. The states wish to think the Federal Trade Commission for its assistance in the investigation.

Assistant Attorney General Brendan Flynn and Michael Wertheimer, Deputy Associate Attorney General & Chief of the Consumer Protection Section assisted the Attorney General in this matter.

Media Contact:

Elizabeth Benton [email protected]

Consumer Inquiries:

860-808-5318 [email protected]

Reverse Mortgage Rules by State

State-level laws, statutes, and codes pertaining to reverse mortgagesIn addition to Federal laws regulating reverse mortgage loans, 24 states plus the District of Columbia have their own regulations in the form of laws that govern how these loans are handled within that state. Many state-level regulations mirror those of the Federal government ...

State-level laws, statutes, and codes pertaining to reverse mortgages

In addition to Federal laws regulating reverse mortgage loans, 24 states plus the District of Columbia have their own regulations in the form of laws that govern how these loans are handled within that state. Many state-level regulations mirror those of the Federal government for federally backed home equity conversion mortgages (HECMs). Others may apply to non-federal reverse mortgage loans such as single-purpose reverse mortgages and proprietary reverse mortgages.

In other cases, state law expands on or goes beyond Federal law. Where state-level reverse mortgage rules appear in state law codes varies. Sometimes they are listed as part of banking laws. Other times they appear among real estate or mortgage rules. The state of Texas uniquely codified reverse mortgage law as an amendment to the state constitution in 1997.1

States With Proprietary Reverse Mortgage Laws

Here are states with proprietary reverse mortgage laws including a brief description of what each state's laws cover.

The Arizona statute includes financial counseling requirements, disclosures, provisions, repayment conditions, borrower’s liability, prohibited practices, enforcement procedures, and lien priority.2

The Act applies to loans enacted after Jan. 1, 2006. Legislation includes provisions for reverse mortgages, how loan proceeds are treated, required disclosures, lien priority, default procedures, and remedies for borrowers in the event the lender fails to provide proceeds.3

California civil code follows federal rules generally but deviates from federal guidelines by specifying the following repayment conditions:4

The purpose of the article is to authorize reverse mortgages and expressly relieve reverse mortgage lenders and borrowers from compliance with inappropriate statutory requirements. Topics covered include prepayment, liens, interest, lender default, repayment, the inapplicability of related statutes, disclosures, treatment of proceeds, and counseling requirements.5

Statute requires lender to advise borrower of counseling requirements, verify counseling has taken place, and provides penalties for violations.6

Statute establishes a definition for an independent counseling agency, how reverse mortgage loan proceeds are disbursed, and states that no fee shall be accepted except standard specified fees named in the statute.7

Statute requires counseling prior to application for a reverse mortgage and certification that counseling has taken place. Establishes penalties for violations of this statute. Defines reverse mortgage.8

Requires counseling for home equity conversion mortgages and other reverse mortgages. Defines counseling agency and includes certification of counseling requirements before an application for a reverse mortgage can be accepted.9

Establishes reverse mortgage requirements, including counseling, defines a commitment cooling-off period, and lists lender duties to elders.10

The Act defines payment-plan requirements, requires adherence to Federal law, notes inapplicability of certain federal provisions (uninsured loans), lists requirements for purchasers of reverse mortgages, lists counseling requirements, and defines penalties for violations of the Act.11

Establishes that proceeds from a reverse mortgage loan cannot be used to determine your eligibility for medical assistance, Minnesota supplemental assistance, general assistance, general assistance medical care, or any federal or state low-interest loan or grant. There is no time limit on the application of this section of Minnesota law.12

The Act lists regulations that apply to reverse mortgages—that reverse mortgages may be made regardless of certain other transactions including limited use of reverse mortgage proceeds, limits on future loans, prohibitions on balloon payments, and other named transactions. Describes treatment of payments received (not taxable as income), and counseling requirements.13

Statutes cover authority and procedures governing reverse mortgage loans, application of rules, interest, taxes, insurance, and assessments, renegotiation of loan, limits on borrowers' liability, disclosures of loan terms, information required of lender, effects of lender's default, repayment of borrower's default, time for initiation of foreclosure, counseling requirements, prohibitions, requirement for contracts for shared appreciation or shared value, commissioner's authority to enforce; penalties, and appeals procedure.14

Rules define a reverse mortgage, list repayment rules and interest calculation, stipulate no limit on use of proceeds, define loan origination fee (2%), and penalty for lenders who fail to advance proceeds.15

Laws regarding reverse mortgage loans for persons 60 years of age or older, persons 70 years of age or older, Federal Home Equity Conversion Mortgages, and Federal Home Equity Conversion Mortgage Default and Foreclosure Regulations are all covered under this article.16

Laws cover priority of reverse mortgages over encumbrances not previously recorded, relinquishment of security as to additional future advances—stipulation as to amount due, discharge of reverse mortgage, mortgages to which this chapter applies, reverse mortgage loan requirements, mortgagees authorized to take reverse mortgages, required counseling, pre-closing disclosures, annual account statements and other required disclosures, 3-day cooling off period, rules for attorneys-in-fact and guardians, ability of agencies to promulgate additional regulations, rules for property held in name or trust, and notice that the laws shall be liberally interpreted to ensure borrowers are fully aware of the ramifications of taking out a reverse mortgage.17

These laws define reverse mortgages, list rules governing same, specify that reverse mortgages are authorized without regard to other types of mortgage transactions, exempt reverse mortgage proceeds from consideration for means-tested programs, and provide for mandatory counseling.18

Codified laws define reverse mortgages, list rules for reverse mortgage loans, and specify how loan payments are made and how to handle undisbursed reverse mortgage funds.19

The code defines authorized lenders; requires lender compliance; defines interest payments; authorizes requirement that borrower may have to pay certain taxes, premiums, and assessments; defines fees, calculation of outstanding loan balance, and how to handle prepayment. Additional topics include calculation of the amount owed by the borrower, when loan is due, and enforcement of debt. Lender requirements including an annual statement of account and what happens when the lender defaults are also covered. Terms and conditions of borrower default are covered as well as notice of foreclosure, that future advances are exempted from Chapter 28 of this code. Finally, the codes lists prohibited acts, violations, and legislative intent of the code, and discusses Fannie Mae Reverse Mortgage Loans.20

Reverse mortgage law in Texas is codified in the Texas Constitution via an amendment written and passed in 1997. The amendment lists all requirements and conditions under which a reverse mortgage may be written in the state of Texas and is extensive law.1

Utah code lists all requirements and conditions for a reverse mortgage loan including definitions, disclosures, counseling requirements, costs and repayment, a cooling-off period, and information about Federally insured reverse mortgage loans.21

Statutes define reverse mortgages, require counseling, ban a required purchase of an annuity with loan proceeds, and stipulate that only federally approved reverse mortgage lenders may write a reverse mortgage in the state of Vermont.22

West Virginia code defines reverse mortgages, lists general rules, specifies the inapplicability of related statutes and law, exempts borrowers from the consideration of reverse mortgage proceeds for public benefit programs, provides for mandatory counseling, places reverse mortgage loans under the authority of the commissioner of banking, and states that anyone making a reverse mortgage under federal regulations is exempt from this code.23

Allows lenders to enter reverse mortgages that meet federal requirements and specifies how reverse mortgage proceeds are treated with regard to public benefits.24

Statute creates a reverse mortgage foreclosure prevention program to assist homeowners with reverse mortgages who get behind in property taxes and other financial obligations.25

How Many States Have Their Own Reverse Mortgage Laws?

At least 24 states plus the District of Columbia have proprietary reverse mortgage laws, though many state laws mirror federal reverse mortgage statutes.

What Are the Three Types of Reverse Mortgages?

The three types of reverse mortgage loans are: (1) Home Equity Conversion Mortgage (HECM), insured by the Federal Housing Administration (FHA); (2) proprietary reverse mortgage loans that are not FHA-insured; and (3) single-purpose reverse mortgage loans offered and insured by state and local governments and non-profit organizations.

The Bottom Line

Twenty-four states and the district of Columbia have their own reverse mortgage regulations. Some expand on federal regulations for HECMs and others apply to proprietary or single-use reverse mortgages. Don't assume that what you read about national regulations for reverse mortgages will exactly apply to the one you may be considering without checking your state's particular rules.

Controversial home run sinks MU softball against Alabama

For the third consecutive day, No. 24 Missouri softball and No. 6 Alabama played a nail-biter. In a game so close that any pitch, hit or coaching decision could swing the outcome at a moment’s notice, a disputed home run ruling became the center story in Tuscaloosa, Alabama.Unable to overcome Ashley Prange’s home run and Alabama starter Montana Fouts, the Tigers lost 3-1 to the Crimson Tide on Sunday.With two outs, Prange came up to bat. Prange homered off Missouri starter Jordan Weber in the series opener and appea...

For the third consecutive day, No. 24 Missouri softball and No. 6 Alabama played a nail-biter. In a game so close that any pitch, hit or coaching decision could swing the outcome at a moment’s notice, a disputed home run ruling became the center story in Tuscaloosa, Alabama.

Unable to overcome Ashley Prange’s home run and Alabama starter Montana Fouts, the Tigers lost 3-1 to the Crimson Tide on Sunday.

With two outs, Prange came up to bat. Prange homered off Missouri starter Jordan Weber in the series opener and appeared to do so again in the fourth inning of Sunday’s contest. Prange pulled Weber’s 2-1 offering to left field, where the ball hit off Casidy Chaumont’s glove, bounced off the top of the padding on the wall and landed in the outfield.

Chaumont picked up the ball and threw it home, but it was too late. The umpire standing on the left field line was signaling for a home run. Alabama players had run to home plate to celebrate with their teammates who were rounding the bases. It was 3-1 Alabama — a fact that went unchanged after the umpires put on their headsets and then talked with both coaches.

Chaumont appeared surprised by the final ruling. To her and many others, it seemed she had made another jaw-dropping play, but the Tigers were forced to carry on with their new reality.

Missouri (33-19, 12-11) was tasked with staging a comeback against Fouts, a task that proved too difficult, even for an offense that entered the weekend as potent as any.

The Tigers’ first and only run resulted from an Alabama miscue. Fouts was perfect through her first three innings before Jenna Laird tapped an infield single in the top of the fourth. In a scoreless game, Brooke Wilmes bunted Laird to second base. Bailey then hit a grounder to Fouts, who threw over the first baseman’s head to bring home a Missouri run.

After the error, Fouts returned to form. She struck out back-to-back hitters to end the top of the fourth and stifled the Tigers’ offense the rest of the way.

Fouts struck out six and allowed four hits in a complete-game effort. The only run she surrendered was unearned.

With Sunday’s loss, Missouri will turn its attention to the SEC Tournament, where a potential rematch with Alabama looms. Seven-seed MU will start its tournament slate against tenth-seeded Auburn at 1:30 p.m. CT Wednesday in Gainesville, Florida.

Women's Lacrosse Senior Class Shines In Final Game Of Season, 19-6

PHILADELPHIA – The University of Pennsylvania women's lacrosse team celebrated Senior Day in a big way on Sunday, wrapping up the 2022 campaign with a 19-6 victory over Columbia at Franklin Field.Prior to the game, the Quakers honored the Class of 2022: Taylyn Stadler, Katie Bellucci, ...

PHILADELPHIA – The University of Pennsylvania women's lacrosse team celebrated Senior Day in a big way on Sunday, wrapping up the 2022 campaign with a 19-6 victory over Columbia at Franklin Field.

Prior to the game, the Quakers honored the Class of 2022: Taylyn Stadler, Katie Bellucci, Madison Jiranek, Jordyn Bauer, Ellen O'Callaghan, Krissy Kowalski, Robin Panzarella, and Maggie Beresheim.

Quaker Notemeal *Penn remains undefeated against the Lions in program history with a 24-0 all-time record.

*The Quakers had 12 different scorers in the game, led by a four-goal and seven-point performance by junior Niki Miles. Bella Kehoe had a hat trick, while Themelis chipped in four points on three goals and an assist.

*The senior class contributed seven points in the game: Stadler with a goal and an assist, Jiranek with a goal, Bellucci with a goal, and Panzarella with a goal and two assists.

*Bellucci's goal was the first of her collegiate career.

*Sophie Davis and Erika Chung both scored their first collegiate goals, while Chung had a four-point performance with a tied game-high three assists.

*Back on defense, O'Callaghan remained the staple with a game-high four ground balls and game-high three caused turnovers in her final game.

*In the goal, Kowalski earned her sixth win of the season, playing all 60 minutes for seven saves. With her fifth save of the game, she eclipsed 100 saves for the year.

How It Happened Although the Lions found the back of the net first, it was the Quakers that took a commanding lead with six-straight goals through the first and into the second quarter to take 6-1 lead that held the rest of the way.

Themelis scored the first two goals before Miles scored twice around finishes by Anna Brandt and Kehoe.

In the second, Columbia scored twice, however, the Quakers added three more to the scoreboard to carry a 9-3 advantage into the half. In that stretch, Davis and Chung each scored their first collegiate goals, while Themelis capped off her third game this season with at least three goals.

First career goal for Sophie Davis (from Niki) deserves a first career goal-worthy celebration!!Penn 7, Columbia 2#ILPL pic.twitter.com/oKSF5Gyf0W

— Penn Women's Lax (@PennWomensLax) May 1, 2022

Coming out of the break, Penn didn't slow down. Miles and Stadler each scored a goal within the first five minutes, then Panzarella scored her first goal of the season followed by goals by Kaitlyn Cumiskey and Natasha Gorriaran to cue the running clock before the end of the frame.

First career goal for Sophie Davis (from Niki) deserves a first career goal-worthy celebration!!Penn 7, Columbia 2#ILPL pic.twitter.com/oKSF5Gyf0W

— Penn Women's Lax (@PennWomensLax) May 1, 2022

The Lions opened the final quarter with their fifth goals, but the Quakers answered with five straight to blow the game open. Bellucci started the stretch with her first collegiate goal, while Kehoe scored twice to cap off her first collegiate hat trick, Miles added her fourth of the game, and Jiranek added her senior day goal.

#ILPL #FightOnPenn

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