Be Discerning When Choosing a Power of Attorney Agent [Episode 134]

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Attorney-CPA Joe Cordell and co-host Jill Enders highlight why it is important to be cautious and discerning when choosing someone to represent your interests when signing a Power of Attorney document. With all of the scams and potentially negative behavior that seniors can be vulnerable to, it is necessary to entrust your health, finances, and decision-making abilities in the event of your inability to do so for yourself, in the hands of someone you know and trust.

They are joined by their celebrity reporter online editor Dan Pearce, as they discuss a pending case in Florida, in which a Power of Attorney document was misused to allegedly spend the funds of an ailing senior on the agent, themselves. They dive deeper into the situation and break down the unique role of a professional guardian and additional cases that this individual is involved in.

Joe and Jill talk about what can be learned from a situation like this and why it is vital to seek legal advice in situations like this, so that you and your assets can be protected.

Fraud Awareness Among Seniors [Episode 133]

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Attorney-CPA Joe Cordell and co-host Jill Enders are joined by Don O’Brien, of the Better Business Bureau, to discuss fraud and methods of deception that seniors may become victims of. He breaks down how social media and other newer forms of communication can cause scams to spread, forcing seniors to be wary of potential fraud situations.

They talk about the misplacement of trusts in older generations and how social security scams and virus popup scams can plague seniors and their personal information. Joe and Jill stress the importance of speaking to seniors and discussing these types of potential scams with them, so that they do not fall victim to them.

Joe and Don talk about the inclinations of older generations to respond to charitable requests and how that may lead to fraud situations. Don talks about what the grandparent scam is and how robocalls are targeting seniors. They also talk about call centers and how area codes can be deceptive, when it comes to robocalls.

Planning Retirement With Deferred Gratification [Episode 132]

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Attorney-CPA Joe Cordell and co-host Jill Enders break down the fundamental elements of planning for retirement. They highlight the importance of making responsible financial choices throughout your life, in order to create the assets necessary for a comfortable retirement.

They discuss the difference between occasional saving and being frugal all of the time, as well as how the ideal of deferred gratification can benefit your retirement outlook. Joe talks about working in some capacity after retirement and how it significantly can impact factors like social security.

They talk about the balance involved in work and health as you age, and Jill talks about how your unique financial situation can dictate whether or not you continue working. Joe and Jill describe how longevity and medical developments can affect your decision to supplement your income with additional employment.

Joe emphasizes the importance of understanding your medical history and how medical advancement and a subsequent extended lifespan can affect your need for additional finances in retirement.