.it’s no different than any money owed that the estate is responsible for.
You’re right, not a tax. I used the word “tax” as an unwelcomed cost involved when kids inherit property. It isn’t free and clear when there is a reverse mortgage and often the kids must come up with money they don’t have to receive the property. Wrong word, right idea.
Many times my clients use the RM as a vehicle to avoid having to go to their kids and ask for a monthly check. Most kids would rather their folks use a RM than write them a check to help them out...and the folks are usually reluctant to ask the children. With the looming inflation making all seniors money evaporate..RM's will become increasingly necessary and popular.