The following article comes from the “Follow the Money” blog and I found it helpful for those who are looking for direction on the difference between some common estate planning documents: _________________________________ Advanced Medical Directives are a vital part of your financial and estate planning. We often get asked to explain the difference in an advance directive vs living will. We will explain the differences and help you understand why they are important. What is an Advance … [Read more...]

If you haven't read our previous article on a new high yield savings account option with no minimums, high interest rate, and plenty of FDIC insurance, I recommend you read it here: I promised to keep you updated on anything I found that seemed strange or hinky. Well it wasn't but one week after I opened my account and funding it initially that I got an email that my interest rate had been reduced. The APR went from 2.32% to 2.07%. The explanation, of course, was that interest rates have … [Read more...]

Recently a new client confided in me that he had been the victim of a scam over the phone. By not catching it in time, he now owes nearly $30,000 on credit cards, which the credit card companies will not take responsibility for, since they were legitimate purchases the client made, not realizing that he was being scammed.  The police offered him little hope that the perpetrators would be caught or that any money could be recovered. Although it boggles my mind as to how these types of … [Read more...]

I don't respond much to online ads. I did have an intriguing one yesterday that advertised a 2.32% APR on savings with no minimum and no hassle access, along with $1,000,000 FDIC insurance. I figured it couldn't hurt to check out. I was skeptical how they could offer such a high rate of interest without locking me into a holding period or without requiring a large balance. Five minutes later my account information was collected, the bank account used to fund the initial balance was linked, … [Read more...]

This article is a contribution by my Medicare expert colleague, Paul Davis. He is a wealth of information and would welcome your questions. He can be contacted through his email address,paul@pdinsure.com, ,  or by phone at 818-888-0880 ____________________ Confused by Medicare health plan options?  You’re not alone. Every person I meet with or speak with has some level of confusion or misunderstanding about Medicare Health plan options. Medicare is designed for people 65 … [Read more...]