February 1, 2019

113 – What is Dementia?

In my opinion, the Alzheimer’s Association has the best definition of dementia.  They say the following… Dementia is a general term for loss of memory and other mental abilities severe enough to interfere with daily life. In this episode I discuss what dementia means and clarify some common misconceptions about dementia. […]
January 30, 2019

112 – What’s the Difference Between a Co-Agent and an Alternate Agent in a Power of Attorney?

We know that an agent is the person appointed by a principal in a power of attorney document to manage the principal’s financial affairs.  But what’s a co-agent?  And what is an alternate agent?  And what’s the difference between them?  Listen to this episode to learn the difference so you […]
January 28, 2019

111- Beneficiary Designations Must Be Reviewed or Else Your Will Might Not Work as Expected

People are very careful when they prepare their will.  They do their best to make sure their property gets to their loved ones in an orderly manner.  Unfortunately, however, many people are surprised to learn that beneficiary designations on their various accounts can upset or disrupt the plan outlined in […]
January 25, 2019

110 – Power of Attorney Question – Does an Attorney in Fact Have to Be an Attorney?

An attorney in fact is appointed in a power of attorney document to manage a principal’s financial affairs.  A lot of people think that if someone is going to be appointed to this position they must be an attorney – the word attorney is in the title after all.  The […]
January 23, 2019

109 – What’s the Difference Between a Power of Attorney, an Agent and an Attorney in Fact?

These are three things that mean the same thing – two of them are legal terms and one of them is a common usage term – but they all refer to the person appointed to assist the principal in a power of attorney.  Listen to this episode and I will […]
January 21, 2019

108 – Reverse Mortgages – Walking Away From a Home – What Does It Mean and When Does It Happen?

What happens if you can’t pay the money you owe from a reverse mortgage back to the lender?  The answer is you are going to walk away from your house and not owe anything.  Yes, they will get the house but you will have gotten the equity – it’s as […]