Navigating Dementia and Alzheimer’s Living Options [Episode 74]

/in , /by

Subscribe: Apple Podcasts | RSS

Attorney-CPA Joe Cordell and co-host Susan Arthur are rejoined by April Haskins and Ann Warren of the Villages of St. Peters Memory Care to discuss dementia, Alzheimer’s, and memory loss and how the treatment of the symptoms is a focus of researchers in the medical field.

April and Ann talk about queuing and how it is a necessary component of care for patients with dementia and Alzheimer’s. They talk about the difficulty of being a Power of Attorney and how the necessary questions that someone in charge of medical directives are the most challenging that surround the aging process, especially in cases involving dementia and Alzheimer’s.

Joe asks April and Ann about the struggles that family members face when deciding if their parent or relative are going through cognitive issues should be in a care facility. April and Ann also explain the concept of “sundowning,” as well as some of the options that exist for those that have Alzheimer’s or dementia.

Learning More About Reverse Mortgages [Episode 73]

/in , /by

Subscribe: Apple Podcasts | RSS

Bill Nass, vice president of Gershman Mortgage and a reverse mortgage specialist returns to Elder Talk with TuckerAllen to discuss how reverse mortgages can help seniors meet their financial needs. Attorney-CPA Joe Cordell and co-host Susan Arthur ask him about the finer details of the process.

Bill explains HUD insured reverse mortgages and how the qualifications of a credit report, debt, the recipient’s age, the homeowner’s insurance costs and property taxes affect whether or not an HUD insured reverse mortgage can be given.

Bill talks about the two different types of reverse mortgages with an adjustable rate and a fixed rate, as well as whether or not people who utilize a reverse mortgage see it as a loan. He talks about the counseling process that is required for those seeking reverse mortgages.

Bill also explains to Joe and Susan how the reverse mortgage process can affect your estate planning, as well as the individuals who are most likely to benefit from reverse mortgages.[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_empty_space height=”25px”][vc_widget_sidebar sidebar_id=”sidebar”][/vc_column][/vc_row]

Investing in the Planning Process [Episode 72]

/in , /by

Subscribe: Apple Podcasts | RSS

Attorney-CPA Joe Cordell and co-host Susan Arthur talk about the forms and paperwork that often can be involved in the long-term planning process. As the years go by, it is important to have a plan in place, and Joe talks about the costs that go into the estate planning process and how saving money in the planning process does not always translate into your wishes being executed after you die.

Joe discusses how the amount of money you have factors into the decision-making involved in estate and long-term planning, as well as how an experienced elder law attorney will be the one completing all of the necessary tasks to create a comprehensive and complete will or trust.

Joe also talks about how important the customization aspect of the planning process is. When you go online for a form, you may not be getting all of the customization you may require, and Joe explains why it is important to invest in the extra aspects of your long-term plan.