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Money

Understanding Financial Powers of Attorney – Are They a “License to Steal”?

A financial power of attorney is a valuable legal document that ensures that your financial matters will continue to be handled – should you become incapacitated and unable to do so yourself.  However, placed into the wrong hands, these documents can become a license to steal. Understanding Financial Powers of Attorney – Are They a “License […]

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Final Expense Insurance: Is It Right for You?

Final expense insurance is an option you may consider as you organize your retirement details. In the event of your death, having a plan in place can help family members take care of your funeral and related expenses—without financial stress. But where do you start? There are many options to cover end-of-life costs. Additionally, talking […]

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How to Spot Financial Elder Abuse

Last week’s column discussed telephone fraudsters and other senior scams to watch out for, especially this time of year. Unfortunately, older individuals are easy targets because we’re lonely and miss the constant companionship we enjoyed at work. Or we’re lonely because the spouse has passed and the adult children have busy lives. How to Spot Financial […]

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Tips on Saving Money for Retirement

A great question to ask when buying something, especially big ticket items, “Is this the best you can do?” It doesn’t hurt to ask. A recent article at Money features Sam Parr, founder of The Hustle, a media company that produces a popular business newsletter, has raised over $1.3 million in funding. Parr credits most […]

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4 Questions to Ask Before Buying Long-Term Care Insurance

My wife, Gina, and I are in year five of owning and running a home care agency, and we’ve experienced firsthand the pain of families struggling to pay for it. After Gina and I helped managed care for my mother, Emily, as she transitioned into an assisted living facility near our home, we knew we […]

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