January 30, 2019
Old Man And Question Mark. Old Man In White Having No Answers To

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
Beneficiary word on checks as payouts of insurance policies or i

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
Close-up Of Male Lawyer With Arm Crossed

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
Still Life Of Power Of Attorney Document On Desk

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
Text Sign Showing Reverse Mortgage. Conceptual Photo Loan For Se

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 […]
January 18, 2019
Home Reverse Mortgage money concept as gold house symbol

107 – Reverse Mortgages – Using Home Equity to Pay for Home Care Needs

Home care is expensive.  Depending on how much help you need and the amount of time you are receiving care you may end up spending all of your liquid assets on care.  At some point you may need to consider a reverse mortgage if you want to remain in your […]