Willing to Plan?

Key Takeaways

  • Every person has an estate plan automatically; it is designated by the state you reside in.
  • Estate plans can consist of wills, durable powers of attorney, trusts and designation of beneficiary type assets.
  • There is will-based and trust-based planning. There are very big differences in terms of dealing with probate and whether they are public versus private.

Refinancing Student Debt – Gain Positive Arbitrage

Key Takeaways 

  • Positive arbitrage is the goal when refinancing federal and private student loan debt.
  • There are several federal loan repayment programs that can lower your payments, and if you have a good credit score, you may be able to refinance your private loans, thus reducing those payments as well.
  • Refinancing your loans and reducing payments allows you to pay loans off early with the positive arbitrage you gain, as well as pay off other debt or save up more money.

Thanksgiving Facts to Impress Your Family and Friends


Golden turkey, cooked to perfection. A table covered in everything from candied yams to pumpkin pie and all those calorie-laden goodies in-between. Family and friends gathered around the table sharing stories, laughing, and well, maybe even a few shouting matches and tears. Falling in to a turkey-induced sleep in front of the TV that is blaring football or maybe the Macy’s parade. And of course, hopping in the car with the family either to try and take advantage of all those Black Friday sales, or to be the ones that just love to watch the chaos unfold.

Ah, Thanksgiving, how we love your time-honored traditions!

Refinancing Your Mortgage – Hidden Benefits

Key Takeaways

  • The benefits to refinancing your mortgage are savings on interest over time, getting rid of Private Mortgage Insurance (PMI), receiving cash for the difference, and using the savings from the reduced monthly mortgage to pay off other debts or save money.
  • Consider refinancing if it takes 1-2 years to break even on the closing costs versus monthly savings, if the new interest rate is a ¼ % lower or better, you have a credit score of 740 or greater, and you’ve got all the necessary documents for loan underwriting.
  • The goal of refinancing your mortgage is to get the best terms and the best interest rate.