We have some very sad news. In the next week or so, thousands of American consumers will open their credit card balance mail and discover they have been the victim of ID theft. Cyber thieves have broken into their credit card information, stolen their identification, and used it to charge various products and services. This nasty little crime leaves the victim thousands of dollars in new debt. Unfortunately, there is nothing new about this. The Federal Trade Commission has reported that millions of consumers have been the victims of this fraud.
Living wills are legal documents that include a person’s wishes regarding the end of life medical care they will receive. They can be thought of as advance directives that may include medical powers of attorney that designates someone to make healthcare decisions on behalf of someone.
The living will enable an individual to communicate their wishes to ensure that loved ones are informed of their preferences in the event they are incapable of making decisions due to a medical condition. This is an essential document and, unfortunately, mistakes are often made when they are written.
The quarantines imposed by the coronavirus pandemic have given everybody a chance to reflect on their lives and changes needed. Some legal issues that have been placed on the back burner for too long are now becoming urgent. There is a mood of unfinished business among many employees. Group legal plans provide services to help.
Some of the Issues
A group legal plan can successfully resolve several situations that are everyday legal matters. Continue reading
The coronavirus pandemic has Americans in a state of quarantine and there is no telling when this will all end. However, the legal process continues and will not be interrupted. There are still activities that require attention, and these include the witnessing and notarizing of legal documents.
The importance of witnessing and notarizing cannot be understated. Many legal documents must have that process completed to be legally binding and that includes powers of attorney and mortgages. Fortunately, some states are allowing remote online notarization (RON) to permit notaries to acknowledge documents without in-person witnesses. Other states are looking seriously at RON to deal with the current lockdown. Continue reading
Major Causes of Anxiety
Financial wellness takes hits from all directions. Credit card debt, with the double-digit interest rates, can keep folks pacing the floor at night. Other problems impact specific demographics harder than others. College debt weighs heavily on young employees and especially recent college graduates. People in their mid-30s may be worried whether they can finally afford to buy a house. Older employees are grateful for the company’s health insurance, but the high deductibles are a serious mountain to climb. The need to save some money becomes an issue the older a person becomes. Continue reading
People, by now, realize they were perhaps a little bit too generous at Christmas time. The credit card statements have come in and the debt balances are higher than usual. This can be a direct threat to the financial wellness of some people. The credit card debt may already be substantial and they are paying double-digit interest rates on the balances.
The figures can be frightening and may lead to some drastic decisions. A person has to be cautious in dealing with credit card debt, however. Paying the monthly minimum is essential, but too much can leave a consumer strapped for cash and not able to fully pay other obligations. Some have no concept of a personal budget and are floundering. Credit card balances can be managed and can be lowered. It requires a little strategy along with frugality. Continue reading
Death and taxes are the only things you can be sure of in this life. Employees will sometimes ignore the possibility of death and forget about writing a will. We admit dying is a morbid subject, but it cannot be ignored. Your family’s security depends on a will.
Group legal plans will promote right simple wills and Countrywide Pre-Paid Legal Services is no exception. Drafting a simple will is one of our group legal plan options and a very popular one. Continue reading
The Bills Are Controllable
Folks need to understand deductibles will renew annually. For example, let us suppose that a person has a deductible of $5000 and a medical procedure consisting of a surgery and physical therapy each costing $5000. Let us also suppose that the surgery is performed in 2017 and the physical therapy is scheduled for 2018. Even though the patient has paid $5000 in 2017, this person will need to pay an additional $5000 out of pocket BEFORE the insurance pay anything. It is because meeting the deductible starts all over again with the new year. This scenario is not fiction; it happens all the time. People run into serious deductible debt when medical procedures span more than one year.
The bills can mount up and the providers expect to be paid. Failure to meet the obligations can result in collection agencies knocking on the door. Employers should help their staff with medical bills. Countrywide Pre-Paid Legal Services has a financial wellness plan that provides needed assistance. Continue reading
Contract Language Has Consequences
Ordinary contracts are not large documents. It takes a few pages to determine what one party must do and what the other party is obligated to pay or give. Nevertheless, even in a small contract, there are clauses that hold consequences. Not being aware of what the words mean can be dangerous.
The part of the contract that can be the biggest problem are those clauses that involve penalties for work not performed, or products not provided. The contract can stipulate exactly what a person needs to do and the penalty is in force when the person doesn’t do it. Too many people are in a rush and sign contracts without carefully reading them. Countrywide Pre-Paid Legal Services has seen too many people run into problems because of not reading a contract. Our group legal plan benefit includes a review of contracts for the plan members. Continue reading
Countrywide Offers Home Buying Advice
Apartment living has its setbacks. The neighbors can be very noisy, and the landlord can be unpredictable. The rent is not always stable and can go up without warning. These are some reasons why people want to buy a house and live there. It is not out of the question even though prices seem a bit high. A good financial wellness program is going to help somebody find a house and make it home.
An obstacle for many home seekers is a glut of information on the market, most of which is useless. Folks get confused by various offers and financing programs. Incidentally, not all those programs are on the level; some have serious flaws. Countrywide Pre-Paid Legal Services can appreciate the frustration. We have a house education program within our financial wellness plan. It seeks to help people make the right decisions about the financing of a home. We have certified counselors nationwide who are there to provide service. Continue reading