By Alain Valles, CRMP, MBA, CSA You've heard the term “reverse mortgage,” but do you know how it works? A Home Equity Conversion Mortgage (HECM)...
By Alain Valles, CRMP, CSA, MS, MBA, Nonprofit Managing Director As Managing Director of the self-funded nonprofit charitable mortgage company, Helping Hands Community Partners, our...
It is estimated that about five million Americans suffer from Alzheimer’s disease, and about 360,000 people are newly diagnosed each year.
Just because the elder’s decision seems bad, doesn’t make it (the financial proposal) wrong or exploitative.
A growing number of grandparents are pushing lawmakers around the country to change state standards they say are too restrictive and ignore the unique bonds many grandparents have with their grandchildren.
By Alain Valles, CRMP, CSA, MS, MBA Nonprofit Charitable Managing Director Stock market uncertainty and rising interest rates Ouch! Stock market gains can be wiped out in...
Hiring financial help is hard. Anyone looking for assistance managing their money will quickly encounter an alphabet soup of professional designations.
Many of us hold on to an idyllic vision of our golden years, imagining we’ll be in good health and living self-sufficiently in our own home.
Shelley Wernholm, who works for a health insurance company said she wanted to retire and move to a new home by 60. But her pension was eliminated five years ago, her personal investments tanked during the recession and her home of 21 years has lost more than half its value.
If you are like many seniors you may wake up feeling financially stressed. Concern about having enough money, worry about a lingering home repair, or frustration with credit card or real estate tax payments can be a burden. Even worse is the fear of not having enough money if something should happen in the future.