Planning for the Future

To help seniors and families understand and manage the financial and legal challenges that may lie ahead, you should consult with experts who specialize in working with those who are retired or facing retirement.

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Tips for Using Gift Cards

1.  Watch for hidden fees. Some may require an activation fee or you may be charged a monthly inactivity fee. 2.  Keep receipts. These come in handy of you lose a card or if it doesn’t work when you try to use it. 3.  Check the expiration date. New laws may affect gift cards so they no longer expire but [...]

2013-10-02T18:48:17-04:00October 2nd, 2013|Financial Planning & Money Management|
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Don’t Shop ’til You Drop

Dr. Gutterman serves as the Clinical Director for LeBauer Behavioral Medicine. He is a Licensed Psychologist and provides clinical services at our Walter Reed location in Greensboro. Dr. Gutterman has more than 30 years’ experience in treating adolescents, adults, couples and families. He treats a myriad of issues, including depression, anxiety, stress, health, and relationship issues. He can be reached [...]

2013-10-02T18:45:21-04:00October 2nd, 2013|Financial Planning & Money Management|
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Have You Had “The Talk”?

Linda P. EricksonLinda P. Erickson, CFP®, is the president of Erickson Advisors and a registered principal offering securities through Cetera Advisor Networks, LLC, 336-274-9403 [email protected] families talk about everything; other families talk only about the weather. Communication can be very hard, particularly about those subjects that remain “taboo” in many families. I’m speaking here about family finances, family wealth (or [...]

2019-01-19T14:12:54-05:00September 26th, 2013|Estate Planning|
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Who Gets What? Are You Sure?

Linda P. Erickson Linda P. Erickson, CFP®, is the president of Erickson Advisors and a registered principal offering securities through Cetera Advisor Networks, LLC, 336-274-9403 [email protected]. There is an old story that moves around town about the ex-wife and her travels. It seems that when Mr. Right decided she was Mrs. Not-So-Right, he divorced her and married a younger, [...]

2019-01-19T14:22:33-05:00August 21st, 2013|Financial Planning & Money Management|
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Responsibilities in Planning for Funeral Costs

When asking consumers if they were financially prepared to pay the funeral expenses of a loved one, a recent National Foundation for Credit Counseling (NFCC) online poll revealed that an overwhelming 83 percent either were not prepared to take on the financial responsibilities of a funeral or had no idea what a funeral costs. “Today the average cost for expenses [...]

2013-08-21T22:26:25-04:00August 21st, 2013|Funeral Planning|
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Losing the (Fraud) Lottery

By Jean C. Setzfands, vice president of the Financial Security team in the Education and Outreach group at AARP Joyce H., a 59-year-old unemployed grandmother raising four grandkids, could barely believe her luck. A London barrister had emailed her, claiming to have finally located her, because he was administering the will of someone who was distantly related to her. After [...]

2019-01-02T18:02:22-05:00August 21st, 2013|Elder Law, Financial Planning & Money Management|
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Four Receive SHIIP Awards

SHIIP Winners: (l-r) Ed Regan, Dyana Morgan, SHIIP Deputy Commissioner Van Braxton, Joe Buckner and Jeannie Schepisi accepting award on behalf of Carmen Long Four statewide awards from SHIIP, the Department of Insurance’s Seniors’ Health Insurance Information Program, were presented April 18 during the North Carolina Association on Aging conference in Raleigh by SHIIP Deputy Commissioner Van Braxton. • SHIIP [...]

2019-01-02T18:18:29-05:00August 19th, 2013|Insurance, Resources|
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Reverse Mortgages – Far Better Than You Think

Home Equity Conversion Mortgages (“HECMs”), usually called reverse mortgages, allow seniors to convert part of their home’s equity into cash, into a line of credit or both. Therefore, HECMs provide cash for immediate needs and access to additional funds, when required. The line of credit is one of the premiere features, because: • Available (unused) funds grow tax free at [...]

2013-08-16T22:42:16-04:00August 16th, 2013|Reverse Mortgage|
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How to Buy a Retirement Home Using a HECM

The FHA’s HECM for Purchase program is designed to help seniors purchase a new primary residence. It may double their purchasing power, minimize their down payment, and eliminates required monthly mortgage payments. Yes, a HECM (Home Equity Conversion Mortgage) is a reverse mortgage, but unlike their common uses (e.g. to refinance a home or make ends meet) a growing number [...]

2013-08-16T22:42:16-04:00August 16th, 2013|Reverse Mortgage|
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An Adult Discussion about Health Care

By Allen Johnson, Editorial Page Editor, in the News-Record Still thoroughly confounded about the state of health care reform in the United States? A good place to start for common-sense answers is T.R. Reid’s brisk and engaging best-seller, The Healing of America: A Global Quest for Better, Cheaper and Fairer Health Care. First published in 2009, this book essentially is [...]

2019-01-03T14:40:46-05:00June 21st, 2013|Insurance, Senior Care Management|
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