Welcome to another episode of “Financial Roll Call with James Fay." In this episode, we will continue to discuss estate planning. Returning as our special guest is Michele Clark, Esq., who is an attorney with Birdsall & Laughlin here in New Jersey.    

This episode aims to educate our viewers and listeners on the Last Will and Testament, which is a legal document that communicates a person's final wishes in terms of their assets and dependents.  

A Last Will and Testament forms the foundation of an estate plan, and it is a key instrument in ensuring that an estate is settled in the manner desired by the deceased. The consequences of not having your Last Will and Testament in place can be devastating to a family. Do you really want to leave that burden on your family when they are grieving? It is vital that you take the time to put your wishes on paper so they are fulfilled how you intended.

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Shore Point Advisors is registered as an investment adviser with the State of New Jersey.  Registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the Securities and Exchange Commission or any state securities authority.

Learn more: https://shorepointadvisors.com/

Today's episode is a value add. It is not necessarily about finance, but finance does play a role in the topic. The special guest for this week's show is Brian Gillespie of Cop2Cop, which is a 24-hour peer support program for New Jersey Law Enforcement Officers and their families.  

So, why is it a value add? The Holiday Season can be particularly stressful on law enforcement officers, who endure such an excessive amount of stress throughout their careers as a whole. Since the onset of Covid, a lot has changed, and people on social media have really used law enforcement as a punching bag.   

The job of the law enforcement officer is often stressful, demanding and very dangerous. That lifestyle, in and of itself, affects the lives of officers, their spouses, their partners, their children and their friends. With the added stress of the Holidays right now, I thought it would be great to have Brian Gillespie as a guest to speak about the Cop2Cop Program, what they do and what they have to offer.  

“Never underestimate the impact that you may have on someone else's life.”   

Like Brian says in this episode, “it's okay not to be okay." If you need help or if you are feeling hopeless or anxious, you need to pick up the phone and call Cop2Cop. Their number is (866) 267-2267, and someone is always there on the other end who cares about you and your well-being. Always know that you matter.

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Shore Point Advisors is registered as an investment adviser with the State of New Jersey.  Registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the Securities and Exchange Commission or any state securities authority.

Learn more: https://shorepointadvisors.com/

Welcome to another episode of Financial Roll Call with James Fay. In this episode, we will be discussing estate planning, which might just be the single most important piece to any successful financial plan. Our special guest is Michele Clark, Esq., who is an attorney with Birdsall & Laughlin, a local law firm here in New Jersey.    

Host James Fay, who is a retired law enforcement officer himself, regularly sits down with other law enforcement officers to discuss financial planning. What he often finds out is that most do not have their estate planning in order. As a law enforcement officer, you need to have your will, your power of attorney and your living will in place.    

If you already took ownership of the fact that you are your number one asset, then why wouldn’t you take the steps to properly protect that asset?

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Shore Point Advisors is registered as an investment adviser with the State of New Jersey.  Registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the Securities and Exchange Commission or any state securities authority.

Learn more: https://shorepointadvisors.com/

In this episode of "Financial Roll Call with James Fay," we will be talking about the importance of setting up an emergency fund. Our special guest is Edna Morasse, who is a Sergeant with the Monmouth County Sheriff's Office.  

In a previous episode, we spoke about taking ownership of your number one asset, which is you and your ability to work, make money and build wealth. This is the foundation on which you will build your financial plan. If you do not have your number one asset properly protected, then chances are that whatever financial plan you have in place will fail.   

We mentioned that one way you can lose that number one asset is through loss of job and more specifically getting laid off. This topic is never more important than the times we are living in right now with the calls to defund the police. This can certainly lead to layoffs.   

So, I would ask all the law enforcement listeners: “Are you financially prepared if you were to lose your job tomorrow?”

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Shore Point Advisors is registered as an investment adviser with the State of New Jersey.  Registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the Securities and Exchange Commission or any state securities authority.

Learn more: https://shorepointadvisors.com/

The very first episode of Shore Point Advisors Financial Roll Call with James Fay sets the foundation on which your financial plan should be built. This episode will have you, the law enforcement officer, take ownership that you are your number one asset and your ability to work, make money and build wealth.  We will briefly discuss several ways that you can lose your number one asset.

Loss of Job

Property & Casualty Protection

Estate Planning

Sickness & Disability

Death

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Shore Point Advisors is registered as an investment adviser with the State of New Jersey.  Registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the Securities and Exchange Commission or any state securities authority.

As a Law Enforcement Officer, do you often find yourself stressing over decisions related to finance? Join retired law enforcement officer James Fay each week as he tactically navigates through financial topics that can create unnecessary stress.

Financial Roll Call is an informative podcast that is designed to educate you, the law enforcement officer, about financial decisions that will arise throughout your career and into retirement. You must take ownership of the fact that you, and your ability to make money, needs to be your number one asset. Through listening to this podcast, you will be able to acknowledge ways in which you can lose this number one asset, as well as many ways to protect it.

During episodes of Financial Roll Call, James Fay references his own real-life experiences through discussions and interviews that will help you deal with similar financial situations yourself. Throughout our law enforcement careers, we are offered various financial products, and that can get very confusing. It is important that you understand and educate yourself on how these various products work while on the job, as well as into retirement.

Some of the topics that we discuss on this podcast are:

Benefits you have while on the job

What you lose when you leave the job

Estate planning (wills)

Lawsuit protection

Sickness and disability

Pension maximization

Deferred compensation including fees

Asset allocation

Taxation of benefits

Pension benefits and the importance of preparing for your next career

If you want to create a call to action and allow yourself to make educated and informed decisions about your financial future, then this is the podcast for you.

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Shore Point Advisors is registered as an investment adviser with the State of New Jersey.  Registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the Securities and Exchange Commission or any state securities authority.