Probate Court System and Seniors Probate Court System and Seniors With Judge Linda Hallmark Friday, January 17, 2020 0 Oakland County, Michigan, Probate Court Judge Linda Hallmark discusses how the probate court system works, with emphasis on probating of estates of those who have passed away. Read more
A Tale of Two Losses: Your Memory & Your Money A Tale of Two Losses: Your Memory & Your Money Dr. Peter Lichtenberg, Wayne State University Friday, January 17, 2020 0 Older adults in the U.S. lose millions of dollars each year to financial exploitation and scams. Many factors make older adults vulnerable to financial predators, and the decline in memory and... Read more
Navigating Probate for Guardians Navigating Probate for Guardians With Irena Politano Friday, January 17, 2020 0 Join me and my guest, Irena Politano of Michigan Conservators as we discuss guardianships and conservatorships for those who are no longer able to take care of their personal needs. Read more
Got a Scary Caregiver? Got a Scary Caregiver? With Dr. Paula Duren Thursday, November 7, 2019 0 Join me and my guest, Dr. Paula Duren, of Universal Dementia Caregivers as we discuss the importance of finding the right caregiver for your loved one. More and more, people require caregivers.... Read more
Laurie Blume / Wednesday, March 11, 2020 / Categories: Financial, Advance Planning Choosing A Financial Advisor Tips and Advice What are seven key issues to consider when choosing a financial advisor? Do not hire the first financial advisor you meet. Interview at least a few advisors before picking the best one for you. Choose an advisor whose specialty will meet your needs. For those of us who are gracefully greying it is important to find someone who specializes in retirement planning. Pick an advisor whose strategy is compatible with your needs. How conservative should you be? Do you want to go into stocks, bonds, index funds, a blend? These are all important issues to discuss with a prospective advisor. Always check references. Ask about credentials. What tests has the financial advisor passed. What are his or her certifications? Be careful of branding. Just because an advisor is with a major investment house, does not necessarily mean that he or she will meet your needs. Understand how the advisor is paid. Is it a flat rate, a percentage of your assets under management? Will it be based upon commissions by mutual funds? This can be a serious conflict of interest. Be wary of churning an account to generate fees. These are just some basic points. They are important especially when it is dealing with your future and financial health. How to Choose a Financial Planner is an interesting article published by the WSJ that is worth the read. Print 22662 Tags: Financial Financial Planning More links How to Choose a Financial Advisor - NerdWallet How to Choose a Financial Planner - The Wall Street Journal How to Choose a Financial Advisor - U.S. News How to Choose a Financial Planner - AARP How to Choose a Financial Adviser - Kiplinger Related articles Key Financial Tips - Don’t Panic! A Tale of Two Losses: Your Memory & Your Money Can't Pay Your Taxes? The Perils of Caregiving: Protecting Finances Daily Money Management The Cost of Long-Term Care Reverse Mortgages for Seniors Saving for the 3 Stages of Retirement Seniors and Reverse Mortgages Don't Panic!