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Forbes: Housing as a solution to the retirement crisis: ‘There are three pillars to retirement; your home, retirement savings and social security. Independently, none of these are adequate for the average American
[From Open PR] Kyle Johnson, son of Nichelle Nichols, the iconic Star Trek star, filed a countersuit against his mother’s manager Gilbert Bell. The suit accuses Bell of elder abuse, theft, fraud, and additional charges related to Bell’s bilking Nichols of significant assets including appearance fees, her pension, Social Security, and her Woodland Hills, CA home.
The countersuit alleges that in 2012, Bell temporarily moved into a second house on Nichols’ property and continues to live in the house under a fraudulent lease and a succeeding invalid reverse mortgage.
- Final reverse mortgage rules adopted by the New York Department of Financial Services