REVERSE MORTGAGES NOW ESSENTIAL PART OF RETIREMENT SAVINGS

by Donna Linton, Contributor Every professional working in the reverse mortgage field works to help the public overcome the misconceptions that have plagued our industry. I have sat with skeptics kitchen tables, and overheard misinformed seniors talking negatively about our product. The problem is that most Americans simply don’t understand the ins and outs of … Read More…

Tax Planning for Disaster

by Arlene Rheinfelder, EA CP AZCLDP, Enrolled Agent, Certified Paralegal,  AZ Certified Legal Document Preparer, Prescott Tax & Paralegal LLC Hurricanes Harvey, Irma and Maria. Fires in Montana and California. The recent Goodwin Fire, which forced the evacuation of Mayer and neighboring communities. For those who’ve lived here awhile, the Yarnell Fire, Indian Fire and … Read More…

The Wealth Trap: Underinsuring Liability, Over-insuring Assets

If you are accumulating wealth quickly and live the comfortable life with a large house, luxury car and other expensive assets, you’ve no doubt already insured all of those belongings. But while most high-net-worth individuals have their possessions properly covered, they often overlook their largest risk: liability. In fact, they often over-insure against minor threats … Read More…

INVESTMENT DIVERSIFICATION: WHY THE BASKETS YOUR EGGS ARE IN MATTER

by Parshalla Wood, Financial Advisor, Wedbush Securities, Inc. Thinking about retirement can be both an exciting and overwhelming topic. Your retirement vision may be filled with many personal goals such as taking cruises, traveling to faraway lands, making that dream purchase and community involvement. But it may likewise be filled with many questions every time … Read More…