Attorney Allison R. Lane Joins Orsi Arone Rothenberg Turner, LLP to Lead Real Estate Practice

“We are excited to welcome Allison to lead our real estate and business law practice and have her wealth of experience and expertise in commercial and residential real estate in a continued tradition of excellence for our clients.” – Rob Arone Attorney Allison R. Lane has over twenty-five years of experience in real estate, finance, and business law. She has a strong background in complex commercial real estate and has represented commercial lenders in high value financing transactions, including drafting loan documents, contracts and leases, and conducting due diligence. Her experience includes a wide range of knowledge and skill in commercial and residential real estate transactions and commercial lending. She has worked with many clients ranging from individuals to nonprofits to for-profit institutions. Allison has extensive knowledge and experience in the areas of condominium law as well as complex title and survey matters. She has also represented both lenders and

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The Importance of Proper Estate Planning and Reverse Mortgages

By Eric P. Rothenberg, Esq. – When a spouse dies, estate transfer is not always simple. Complications can arise for the surviving spouse. One area that can be challenging is when the first to die spouse took out a reverse mortgage on their home without putting the surviving spouse’s name on it. Often, the surviving spouse’s right to stay in their home is called into question. However, a recent ruling by a federal court will add protection for surviving spouses. Consider a brief summary of reverse mortgages and what this ruling means for those that utilize them. What is a Reverse Mortgage? Reverse mortgages are a type of Home Equity Conversion Loan utilized by people 62 or older. They are most often used when a couple own their home with a lot of equity but because they make little in income to support a mortgage, they cannot borrow money to

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