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Question 1 of 5
1. Question
1 point(s)By age 50 people start to prepare for retirement. The following are financial considerations related to retirement when planning for silver divorce, except:
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Question 2 of 5
2. Question
1 point(s)When assets are divided in Silver Divorce, the risks of cash flow exhaustion for both parties increase. Ways a reverse mortgage can facilitate asset division and liquidity in silver divorce include the following, except:
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Question 3 of 5
3. Question
1 point(s)In the Buyout Scenario, a divorcing couple has no existing mortgage so each spouse obtains funds for a new home. The following describe how to use a Home Equity Reverse Mortgage to divide home equity in silver divorce, except:
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Question 4 of 5
4. Question
1 point(s)In the Asset Division Scenario, a couple is divorcing and neither party wants to retain the marital home. The following are steps for dividing assets in silver divorce utilizing an HECM for Purchase (H4P), except:
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Question 5 of 5
5. Question
1 point(s)Facts about Home Equity Conversion Mortgages (HECMs) include the following except: