Life's Third Act

By Life's Third Act

Welcome to Life’s Third Act, hosted by attorney and CPA Joe Cordell. We explore the fascinating lessons learned from celebrity estates, uncovering insights into estate planning, wealth management, and... more

· Education

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FAQs about Life's Third Act:

How many episodes does Life's Third Act have?

The podcast currently has 308 episodes available.

Life's Third Act episodes:

February 29, 2020 Learning More About the St. Louis Activities Center [Episode 138]
Attorney-CPA Joe Cordell and co-host Jill Enders are joined by Maggie Simpson, of the St. Louis Activities Center, as they talk about what activities and services are available for seniors in the St. Louis metropolitan area.
Maggie describes the importance of socialization among
seniors, and especially senior men, within the St. Louis Activities Center
community. She talks about the holiday activities, dances, games, instructor-led
exercise activities, day trips, road trips, transportation, and more available
at the center.
Maggie also describes how present the city of St. Louis is
in the lives of those at the St. Louis Activities Center, as well as how the
relationships among seniors at the center give these individuals an opportunity
to connect with others.
Then, Joe and Jill are joined by roving reporter online
editor Dan Pearce, as they discuss the estate planning issues surrounding a
civil and criminal case involving Mount Carmel, Ten. Mayor Chris Jones.
For information on the St. Louis Activities Center, contact
314-645-3577.
...more
45min
February 15, 2020 Understanding the Vitality of a Plan [Episode 137]
Attorney-CPA Joe Cordell and co-host Jill Enders are joined by attorney Jessica Jax, on this edition of ElderTalk with TuckerAllen. On this episode, Jessica joins Joe and Jill to discuss the recent merger of Cordell Planning Partners and TuckerAllen, as the new firm looks to assist clients with their plans for the future.
The group talks about the primary to-do items that people
need to have in place when planning for the future, including an active Power
of Attorney, financial planning for long-term care, and asset planning.
They talk about what goes into making the choice of an agent
of a Power of Attorney, as well as the difference between a conservatorship and
a guardianship. Jessica explains the functions of probate court and emphasizes
why proper planning ahead of time can make probate court easier.
Jessica also talks about the financial options involved in
paying for long-term care, as well as planning and applying for Medicaid. She
also dives into the importance of making decisions, in regards to your assets.
...more
45min
February 08, 2020 Making a Financial Plan [Episode 136]
Attorney-CPA Joe Cordell and co-host Jill Enders are joined by Certified Financial Planner John Gallia, of the Gallia Wealth Management Group in Creve Coeur, Mo., to discuss the importance of financial planning as you age. John emphasizes evaluating what one aspect you feel is to be improved on in your financial plan and devoting time and effort to work on it.
John highlights the importance of seeking a Certified
Financial Planner, when planning your financial future, as well as how they are
paid. He describes how pension plans factor into the greater financial scope of
a client’s finances, as well as how important understanding a client’s goals is
for a Certified Financial Planner.
He talks about how frequently listeners should be speaking
to a financial planner, as well as how living situations for retired
individuals can affect their overall financial picture, especially those
dealing with mortgages.
John also talks about the impact of credit card debt and how
vital it is to get rid of that before you retire.
...more
48min
February 01, 2020 Learning More About Meals on Wheels [Episode 135]
Attorney-CPA Joe Cordell and co-host Jill Enders are joined by Libby Travers, of Meals on Wheels, to discuss the history of their organization and their ability to provide food and outreach for the St. Louis metropolitan area.
They discuss how the organization gets its food from
hospitals and nursing homes, as well as the organization’s ability to check-in
on the recipients, in order to make sure that they are doing well. Libby
explains the difference between the regional organizations across the country
and the Federal program. She talks about the subsidies and the donations that
the organization relies on.
Libby highlights the ways that they assist the senior citizen community and how they thoroughly screen their serving volunteers.
Then Joe and Jill are joined by roving reporter and online
editor Dan Pearce to discuss a recent estate planning case involving the
University of Missouri and Hillsdale College in Michigan.
...more
47min
January 18, 2020 Be Discerning When Choosing a Power of Attorney Agent [Episode 134]
Attorney-CPA Joe Cordell and co-host Jill Enders highlight why it is important to be cautious and discerning when choosing someone to represent your interests when signing a Power of Attorney document. With all of the scams and potentially negative behavior that seniors can be vulnerable to, it is necessary to entrust your health, finances, and decision-making abilities in the event of your inability to do so for yourself, in the hands of someone you know and trust.
They are joined by their celebrity reporter online editor
Dan Pearce, as they discuss a pending case in Florida, in which a Power of
Attorney document was misused to allegedly spend the funds of an ailing senior
on the agent, themselves. They dive deeper into the situation and break down
the unique role of a professional guardian and additional cases that this
individual is involved in.
Joe and Jill talk about what can be learned from a situation
like this and why it is vital to seek legal advice in situations like this, so
that you and your assets can be protected.
...more
45min
January 11, 2020 Fraud Awareness Among Seniors [Episode 133]
Attorney-CPA Joe Cordell and co-host Jill Enders are joined by Don O’Brien, of the Better Business Bureau, to discuss fraud and methods of deception that seniors may become victims of. He breaks down how social media and other newer forms of communication can cause scams to spread, forcing seniors to be wary of potential fraud situations.
They talk about the misplacement of trusts in older
generations and how social security scams and virus popup scams can plague
seniors and their personal information. Joe and Jill stress the importance of
speaking to seniors and discussing these types of potential scams with them, so
that they do not fall victim to them.
Joe and Don talk about the inclinations of older generations
to respond to charitable requests and how that may lead to fraud situations. Don
talks about what the grandparent scam is and how robocalls are targeting
seniors. They also talk about call centers and how area codes can be deceptive,
when it comes to robocalls.
...more
47min
January 04, 2020 Planning Retirement With Deferred Gratification [Episode 132]
Attorney-CPA Joe Cordell and co-host Jill Enders break down the fundamental elements of planning for retirement. They highlight the importance of making responsible financial choices throughout your life, in order to create the assets necessary for a comfortable retirement.
They discuss the difference between occasional saving and being
frugal all of the time, as well as how the ideal of deferred gratification can
benefit your retirement outlook. Joe talks about working in some capacity after
retirement and how it significantly can impact factors like social security.
They talk about the balance involved in work and health as
you age, and Jill talks about how your unique financial situation can dictate
whether or not you continue working. Joe and Jill describe how longevity and medical
developments can affect your decision to supplement your income with additional
employment.
Joe emphasizes the importance of understanding your medical
history and how medical advancement and a subsequent extended lifespan can
affect your need for additional finances in retirement.
...more
48min
December 28, 2019 Understanding Electronic Wills [Episode 131]
Attorney-CPA Joe Cordell and co-host Jill Enders discuss the innovations and intricacies involved in electronic wills. They currently exist in the state of Florida, and given the prevalence of esignatures, this digital innovation adds convenience to the state planning process. Joe highlights how maintaining locatable documents is an essential part of the process, after a will is drafted, as well as talks about the legislative efforts involved in instituting and regulating electronic wills.
Joe breaks down the formalities of execution for wills and
how it can seem unnecessarily ceremonial. He highlights how attestation will
play a factor in the execution of the will and how formalities will not necessarily
go away. Joe and Jill also talk about the possibility of hackers attacking
these electronic wills and how necessary protection of servers is going to be
with these documents.
Joe emphasizes how a will should be a component, but not the
center of a comprehensive estate plan, as well as how beneficial trusts can be
in an estate plan.
Then, Joe and Jill are joined by roving celebrity reporter
and online editor Dan Pearce, as they discuss lead singer of The Cars, the late
Ric Ocasek and the issues surrounding his estate plan.
...more
47min
December 21, 2019 Receiving Skilled Care at Home [Episode 130]
Attorney-CPA Joe Cordell and co-host Jill Enders are joined by Ann Layden and Laura Adams of Premiere Home Health in St. Charles, Mo., to discuss the at-home alternative of entering in skilled care facility for treatment, their backgrounds, and their recent Home Care Elite recognition as a home health agency.
They dive into the services offered by Premiere Home Health,
the boutique experience, and the transportation options available to clients.
Ann and Laura talk about how their care is covered 100 percent through
Medicare, and highlight how qualifying for their particular care is entirely
dependent on the unique needs of the patient.
They highlight the differences between skilled and unskilled
services available through Premiere Home Health and talk about the concerns
surrounding liability where recommendations of third party care outlets, or
even returning home, are concerned. Ann and Laura strongly encourage seniors
and those facing health issues to do their research, before making decisions
that can affect your future.
...more
47min
December 14, 2019 The Changes in Saving for Retirement [Episode 129]
Attorney-CPA Joe Cordell and co-host Jill Enders discuss many of the changes that have occurred in the economy and how it affects the methodology of saving money and planning for retirement. They dive into the various forms of benefits that an IRA and a 401K include and the differences between the two.
Joe also talks about the impact of the tax law that
President Trump signed in 2018, and how it may impact an IRA or a Roth IRA.
They also discuss the possibility of traveling and how being active in your
retirement years can affect your funds.
By staying active, you can explore more of the world, but
Joe and Jill both highlight the drawbacks of acquiring a part time job in your
retirement years that may impede some of your activities or travels.
Joe and Jill also discuss the individuals who go into
retirement with mortgages and how that can affect their retirement funds.
Then, Joe and Jill are joined by roving reporter and online
editor Dan Pearce, who breaks down the investigation and estate plan issues
surrounding Nathan Carman and his family.
...more
44min

FAQs about Life's Third Act:

How many episodes does Life's Third Act have?

The podcast currently has 308 episodes available.