Questions about MERP claims
This column first appeared in the San Antonio Express News and other Hearst Newspapers on October 12, 2018. Dear Mr. Premack: My mother recently passed in the state of Texas. She did have a life insurance policy of $10k, and she did have a small amount of cash in a bank account. We have used the life insurance for burial. Will we be subject to MERP? How do we find out? – MG Dear Mr. Premack: Is a home mortgage, whether a regular mortgage or reverse mortgage, paid before a MER