Month: October 2022

DNU
Protecting Your Cash Flow (Ep.9)

Protecting Your Cash Flow (Ep.9)

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One of the most important financial resources that you have is cash flow. We use cash flow to determine how to spend, save and plan our money for the future. 

What happens to you when your cash flow stops as a result of a health-related matter?

In this episode of Maximizing Outcomes, Jim McGovern discusses health-related issues that may stop you from earning a pay check. He also discusses why your employer’s insurance coverage doesn’t completely protect you. 

Jim discusses:

  • What disability insurance is and how it works
  • The reasons why you could stop earning a pay check
  • The two types of disability insurance
  •  Why your employer’s insurance doesn’t completely cover you
  • And more

Resources:

Connect with McGovern Wealth Group:

Podcast: Play in new window | Download (Duration: 34:09 — 46.9MB) | Embed

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DNU
The Importance Of A Will, Trust, and Power of Attorney with Brooke McMorrow (Ep.8)

The Importance Of A Will, Trust, and Power of Attorney with Brooke McMorrow (Ep.8)

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What would happen to your estate if you were to pass away tomorrow?

Do you have a will in place for your family? States such as Pennsylvania cannot guarantee that the spouse of a deceased person will inherit 100% of the money when there isn’t a will in place.

In this episode, Jim McGovern talks with Brooke McMorrow, a business owner and attorney from McMorrow Law, LLC. They explore why you should develop a will and establish your power of attorney no matter what age you are.

Brooke discusses:

  • What an estate plan is and how you can start creating yours
  • Why you should have a power of attorney no matter your age
  • What happens when you or one of your family members passes away without a will
  • What a revocable living trust is and how it benefits you and your family
  • And more

Resources:

Connect with McGovern Wealth Group:

Connect with Brooke McMorrow:

About Our Guest:

Attorney McMorrow strives to change the stereotypes that people have about attorneys by returning phone calls in a timely manner and above all, listening to the client and providing affordable and knowledgeable legal advice in a comfortable setting.  Brooke McMorrow is licensed to practice law in both Pennsylvania and New York. As a member of the Collaborative Law Association of Southwestern Pennsylvania, Attorney McMorrow is trained in collaborative law.

Podcast: Play in new window | Download (Duration: 44:03 — 40.3MB) | Embed

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