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With foreclosure rates reaching nearly a million last 2008, the US government is desperately looking at every crevice of budget sheets for funds to be allocated as bailouts. In this scenario, economists and loan experts see loan modification as a viable solution to stop foreclosure and the mortgage crisis hitting the country to the hilt. In fact, the government is already using its authority to influence mortgage companies.

Recently, the Democrats have been urging giant mortgage companies to freeze foreclosure proceedings to give leeway to borrowers sinking even deeper into the abyss of the economic crisis. The US senate is clamoring to put a stop to the moratorium on foreclosure. In addition, they would like to halt all foreclosure activities for 90 days. Coupled with this move is the government’s aim… Continue reading

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For most people, building wealth is about getting to that place where they can finally do what it is they’ve always wanted to do. For most people, that day doesn’t come until they are able to “retire.” Early retirement is like the next best thing to having a trust fund! It has been said that gratitude is wealth. Perhaps finding more things to be grateful for now could essentially lead to “early retirement” and that state of being just might lead to physical and financial sustainability. Because truly…

It’s never too early to spend more time relaxing and playing with the ones you love.

It’s never too early to do the work you were born to do, the work you love so much, you’d do it anyway.

It’s never too early to share… Continue reading

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One of my teachers, Sonia Choquette, always says we are trust fund babies of the universe, there is no limit to that trust fund and all we have to do is claim it.

Here are some ways to help you claim what is rightfully yours:

1.Identify your money detractors: what beliefs detract, or repel money from you? Consider your childhood and any beliefs that you may have adapted from your parents and/or culture. Once you have become aware of these beliefs, challenge them. Do they really work for you? Do they reflect your highest level of being? You have the power, and the divine right, to change them. Reunite them to reflect who you truly are and what will help you become a magnet to your desired inheritance.

2.Decide to be a money… Continue reading

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No one really wants to think about the possibility of getting old, contracting a terminal illness, and dying. Mortality is something we all face, but of which none of us enjoy being reminded. From a practical standpoint, however, dealing and coming to terms with one’s own mortality and aging process is not only realistic, but advisable.

This is where estate planning comes in; keeping a will, setting up trust funds, and arranging for the distribution of one’s assets after death - all are undoubtedly very important to the future of your property and your loved ones. It is also important, though, to remember that the task of estate planning is not something which affects only the distant future; nor is it a project which shows benefits only after death. In fact… Continue reading

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With the easy availability of do-it-yourself wills both in print and online, it’s tempting to consider skipping the costly process of working with a probate attorney and taking care of your estate planning needs on your own. It seems like a great deal - grab a cheap do-it-yourself kit off the internet, spend a little of your own time, and save yourself a lot of money overall.

Unfortunately, there are several good reasons why estate planning should always be done with the aid of an experienced probate lawyer. Though the services of an attorney may seem expensive at the time, they are, in most cases, a worthwhile investment to make.

One Size Fits All?

The first pitfall with DIY estate planning or will drafting kits is their one size fits all approach. Although… Continue reading

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Did you know that each year, all across the country, states search for the rightful owners of millions of dollars that have been sitting idle in financial institutions? It’s called unclaimed property or abandoned property and it’s more common than you might expect.

In Colorado alone, more than $100 million has been returned to residents - and former residents - since the state instituted its Great Colorado Payback in 1987. In 2007, approximately $9 million in unclaimed property was returned to rightful owners and heirs in that state. And that’s just Colorado!

You may have seen ads in your local newspaper listing… Continue reading

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