Although the average life expectancy for humans has increased over the years; there are a number of seniors spending their retirement years in poorer health. One of the costs of our evolutionary longevity is an increase in rates for long-term care insurance. Fortunately, you have a choice in this matter. Justin Walker joins us from Adalánt, a financial services firm based in Emmett, Idaho, for an in-depth conversation about options outside of long-term care insurance.
As you prepare for Spring cleaning, you may want to include a meeting with your financial and legal planning team to your checklist. Attorney Mark Wight shares the value of adding an annual review of your Estate Plan to your list of things "to-do" as you get your house in order this season.
Managing your Estate Planning is one of the best ways to ensure your family has what they need should something happen to you. On this episode, Mark Wight shares how taking control of your assets, instead of depending on luck, is one of the best ways to give your loved ones an advantage.
Many people solely rely on their attorneys when it comes to estate planning. While attorneys play a vital role in meeting your needs, coordinating a professional team of advisors allows for a smoother transition when putting your plan in place. Justin Walker joins us from Adalant Financial Services to discuss strategies to coordinate a financial and legal team to ensure long-term success.
The concept of Powers of Attorney seems pretty straightforward. By definition, you are granting someone the right to make decisions or take action on your behalf in private affairs, business, or some other legal matter. Although having a simple Power of Attorney is better than not having one at all, they are often very limited. Patti Paz, Paralegal and Team Leader at Idaho Estate Planning, joins us to discuss the different types of POAs and things to keep in mind when putting one together.