Coping with Unwanted Change...
Sudden, unwanted change can bring normal life to an unexpected stop. It can be disorienting and create real emotional, physical and financial distress for you and your loved ones. Difficult changes such as the loss of a spouse, the loss of a job, or a home, divorce and physical disability…how do you go about the process of recovery and rebuilding while simultaneously dealing with all the details?
This site is designed to provide you with practical information, tips, tools, and helpful insight regarding some of the most common – and most difficult – unwanted or unexpected changes in life. It walks you through critical first steps and then short- and long-term issues surrounding your newfound change so that you can gain a measure of control and make informed decisions that work for you and your family.
The information in this site can help give you the best chance of understanding both the situation you’re (or a loved one is) currently facing as well as the financially-related decisions you will need to make and how to evaluate choices surrounding those decisions. It provides links to other online resources and tools as well as lists of questions and worksheets you can use to compile information and review information in your own time to make your own decisions.
Dealing with an unexpected loss--and related financial decisions—are difficult by any measure. However, by taking the time to understand your options, and how to work with organizations (i.e. lenders, insurance companies, etc.) as well as financial professionals (i.e. lawyers, insurance agents), you and your loves ones you can avoid making choices that could inadvertently compound your loss and create additional financial stress.
- Playing the Role of Patient Advocate
At the hospital you will likely play the role of patient advocate. If you have legal authority (i.e.durable or health care power of attorney), then the hospital staff and doctors are legally required to honor your wishes, requests and orders.
- Things to Think About If You Are Getting Behind On Your Mortgage
When you are thinking about what to do when you find yourself getting behind on your mortgage payments, the first place to start is to determine how much your current home is costing you. That may sound obvious – it’s just your current mortgage amount, right? Not exactly.
- Tax Implications of Sudden Property Loss or Damage
There are possible tax relief measures you can qualify for if your property was damaged or destroyed. For example, if your property losses were more than $100 and more than 10% of your adjusted gross income you can deduct them from this year’s tax return.