#Financial planner Jackson MS

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Estate planning is the process of preparing for the management and distribution of assets after death or incapacitation. Elder care planning is the process of preparing for the care of an aging loved one or oneself. Estate planning focuses on asset distribution, while elder care planning focuses on ensuring that an aging individual has the necessary support and care. To know more visit https://www.epgbenefits.com/ or call us at (601) 982-3000.

Disclosure: Securities offered through Valmark Securities, Inc. Member FINRA, SIPC. Investment advisory services offered through Valmark Advisers, Inc. an SEC-registered investment advisor. Executive Planning Group is a separate entity from Valmark Securities, Inc. and Valmark Advisers, Inc.

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Looking For Financial Consultant In Jackson MS? Executive Planning Group

Executive Planning Group, P.A. offers many types of financial services and investment products. If you are looking for a financial consultant in Jackson MS to help organize your finances, then our executives at Executive Planning Group can help you to do that. Call us today at (601) 982-3000 or email us to request a quote for both retirement planning and efficient ways to fund college education!

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Nursing Homes Oust Unwanted Patients With Claims of Psychosis

What would you do if you were a nursing home employees and your boss tells you to evict unprofitable patients — primarily those who are poor and require extra care — by pouncing on minor outbursts to justify evicting them to emergency rooms or psychiatric hospitals. After the hospitals discharge the patients, often in a matter of hours, you are told to refuse them re-entry: (1) follow orders, (2) refuse to do so, (3) inform government regulators? Why? What are the ethics underlying your decision?

In a New York nursing home, a resident hurled a bingo chip. At a home in Georgia, a 46-year-old woman, paralyzed from the waist down, repeatedly complained that no one had changed her diaper. In a California facility, a patient threw tableware.

In all three cases, the nursing homes cited the incidents as a reason to send the residents to hospitals for psychiatric evaluations — and then to bar them from returning.

Across the United States, nursing homes are looking to get rid of unprofitable patients — primarily those who are poor and require extra care — and pouncing on minor outbursts to justify evicting them to emergency rooms or psychiatric hospitals. After the hospitals discharge the patients, often in a matter of hours, the nursing homes refuse them re-entry, according to court filings, government-funded watchdogs in 16 states, and more than 60 lawyers, nursing home employees and doctors.

The practice at times violates federal laws that restrict nursing homes from abruptly evicting patients.

“Even before the pandemic, there was tremendous pressure to get rid of Medicaid patients, especially those that need high levels of staffing,” said Mike Wasserman, a former chief executive of Rockport Healthcare Services, which manages California’s largest chain of for-profit nursing homes. “The pandemic has basically supercharged that.” He said homes often take advantage of fits of anger to oust patients, claiming they need psychiatric care.

About 70 percent of American nursing homes are for profit. The most lucrative patients are those on short-term rehabilitation stints paid for by private insurers or Medicare, the federal program that insures seniors and people with disabilities. Poor people on longer-term stays are covered by Medicaid, which reimburses nursing homes at a much lower rate than Medicare.

The financial incentive to have more Medicare or privately insured patients, and fewer on Medicaid, becomes more pronounced when the Medicaid patients have illnesses, like dementia, that require extra care from staff.

Nursing homes have faced acute staff shortages as the coronavirus has left employees sick or afraid to go in to work. Workers said they faced increased pressure from their employers during the pandemic to get rid of the most expensive, least lucrative patients.

Invoking psychiatric problems is a popular tool. Nursing homes routinely admit patients with dementia, Alzheimer’s or similar illnesses, and angry outbursts are common.

In March, the Rehabilitation Center of Santa Monica, Calif., sent Joan Rivers, who suffered from dementia and was on Medicaid, to the emergency room at USC Verdugo Hills Hospital. The nursing home’s staff said Ms. Rivers, 87, had tossed aside her chair, scaring other residents, according to her daughter, Evon Smith, and a government-funded watchdog.

Within 24 hours, the hospital cleared her for discharge.

Ms. Smith said that she had repeatedly asked the Rehabilitation Center to take her mother back, but that it had refused. A social worker at Verdugo Hills said she, too, had tried unsuccessfully to get the nursing home to readmit Ms. Rivers.

Linda Taetz, the chief compliance officer at Mariner Health Care, which operates the Rehabilitation Center and 19 other nursing homes in California, said the center hadn’t known that Ms. Rivers wanted to return.

Ms. Rivers eventually was admitted to the Colonial Care Center nursing home in Long Beach, Calif. There, she contracted Covid-19. She died on July 20.

Federal law requires nursing homes to follow strict guidelines when they intend to evict someone: They must give 30 days’ notice and come up with a plan to transfer the resident to a facility that can meet his or her needs. If a resident goes to a hospital, the facility must hold the bed for a week.

But nursing homes frequently flout these rules, according to employees and state-funded ombudsmen who help oversee the industry. The New York Times reported in July that nursing homes were evicting an increasing number of low-income — and therefore low-profitability — residents into homeless shelters and run-down motels, apparently in violation of federal law.

There is no national data on nursing home evictions. The Times contacted ombudsmen in all 50 states. Some said they had not seen nursing homes dumping patients in hospitals during the pandemic. But in 16 states, including California, Texas and New York, ombudsmen said the problem was continuing. Some said they believed it was getting worse.

“We have been seeing these kinds of illegal discharges all the time, because nursing homes seem to have figured out that they will rarely, if ever, be penalized,” said Alison Hirschel, senior legal counsel to the Michigan ombudsman program. “It’s devastating for residents and their families all the time, but especially horrible and dangerous during a pandemic.”

Medicaid patients who require lots of staff attention “have a target on their back,” she said.

The problem predates the pandemic.

Gloria Single was a resident of the Pioneer House nursing home in Sacramento. She had dementia and pulmonary disease and was on California’s version of Medicaid. Pioneer House was receiving about $400 a day for her care.

In 2017, Ms. Single got upset and threw utensils, according to a lawsuit against Pioneer House filed in state court by Ms. Single’s lawyer. The nursing home called 911, and Ms. Single was taken to a hospital for an involuntary psychiatric hold, in which patients are held until they are determined not to be a danger to themselves or others. The hospital determined later that day that there was nothing wrong with Ms. Single aside from her pre-existing dementia.

But Pioneer House would not let her return. The California Department of Health Care Services concluded that Pioneer House had violated the law and ordered it to let her go back. The home still refused. After about five months at the hospital, Ms. Single was moved to another nursing home. She died last year.

“You can get $1,000 extra a day by getting rid of the Gloria Singles of the world and replacing them with someone on Medicare,” said Matthew Borden, Ms. Single’s lawyer.

John Supple, a lawyer for the Retirement Housing Foundation, which operates Pioneer House, said that its medical director had deemed the home unsuitable for Ms. Single’s medical needs and that Pioneer House had never received the medical records it needed to readmit her. (Ms. Single’s lawyer disputes that. The lawsuit is ongoing.) Mr. Supple said Pioneer House had held Ms. Single’s bed for months and had not replaced her with a Medicare patient.

During the pandemic, nursing homes in Illinois and Michigan have repeatedly sent elderly and disabled Medicaid patients to NeuroBehavioral Hospital in Crown Point, Ind., said Kimberly Jackson, a discharge planner at the psychiatric hospital. In one case, a resident who yelled at a staff member was branded as being violent and having a psychotic break.

“The homes seem to be purposely taking symptoms of dementia as evidence of psychosis,” Ms. Jackson said. (Christy Gilbert, the chief operating officer of the hospital’s parent company, said instances when nursing homes dumped patients in her company’s hospitals were “very few and far between.”)

In June, Life Care Center of Plainwell, Mich., sent Nicki Safapour, a Medicaid patient who needs a wheelchair, to NeuroBehavioral Hospital. Because of a developmental disability, Mr. Safapour, 55, has the mental capacity of a 5-year-old, according to his brother John, who is his legal guardian. He said Life Care had told him that Mr. Safapour assaulted an employee and another resident.

A state health inspector later determined that the discharge was illegal, according to a copy of the inspector’s report reviewed by The Times.

“It seemed like they were just trying to get rid of Nicki,” John Safapour said. “He took up a lot of staff time.”

A spokesman for Life Care, Davis Lundy, said that privacy rules prohibited him from discussing Mr. Safapour’s case, but that Life Care had a significant number of residents on Medicaid and that “we never discharge patients based on their payer source.”

The families of some evicted patients have had to take them into their homes, although they lack the training or equipment to care for them.

In June, Connie Rodina got a phone call from the Richmond Healthcare and Rehabilitation Center in Richmond, Kan. Her 63-year-old brother, Jon Fowler, who suffers from mental illness and dementia, had hit another resident. Ms. Rodina, her brother’s guardian, was told that she needed to pick him up immediately.

By the time Ms. Rodina arrived, Mr. Fowler was already being transported to an emergency room. The hospital was ready to discharge him a couple of days later, after treating him for a urinary tract infection. Ms. Rodina said Richmond Healthcare wouldn’t take him back.

“You can’t just put somebody out like that,” said Camille Russell, a regional ombudsman who filed a complaint against the facility with the Kansas Department for Aging and Disability Services. The complaint is pending, she said.

Ms. Rodina couldn’t find another nursing home that would admit Mr. Fowler, who needs near-constant care. After her brother had been in the hospital for weeks, she reluctantly moved him into her home.

“It’s basically taken my life away from me,” Ms. Rodina said. “It’s impossible for me to care for him.”

Representatives of Richmond Healthcare didn’t respond to requests for comment.

In some cases, nursing homes have ignored orders from regulators to take back patients they sent to emergency rooms or psychiatric hospitals.

Charles Borden, a stroke victim with dementia, had been staying at the skilled nursing facility at Tahoe Forest Hospital in Truckee, Calif. Medicaid was covering his long-term stay. But in April, after Mr. Borden elbowed a nursing assistant and cursed at her, the nursing home sent him to the hospital’s emergency room for a psychiatric evaluation.

Within hours, the emergency room cleared Mr. Borden to return to the nursing home. But it wouldn’t take him back, according to court records. (While the nursing home and the main Tahoe Forest hospital share a campus and are owned by the same organization, the nursing home is financially independent from the hospital.)

Later that day, the nursing home dropped off all of Mr. Borden’s possessions at the E.R. and moved another resident into the room that Mr. Borden had shared with his wife, Beverly.

Two days later, on April 22, Mr. Borden’s son appealed the decision to California’s health care agency. It determined that the nursing home was legally required to take Mr. Borden back. The nursing home refused.

The state agency said it had no authority to force the nursing home to let Mr. Borden return, aside from fining it $50 for every day it refused.

Matt Mushet, a lawyer for the nursing home, said it “is committed to the optimal safety of all patients and team members.” He said that he couldn’t comment on Mr. Borden’s case but that “it’s important for the public to understand there is more than one side to this story.”

Mr. Borden has spent the past five months marooned in the hospital. His dementia makes it hard for him to understand what is going on, his son said, but Mr. Borden asks every day to see his wife.

[brajeshupadhyay]

The coronavirus has had a shattering effect on the country, and we are now in the deepest recession the UK has ever known. More than nine million people have been furloughed and 730,000 jobs have been lost. But Money Mail is here with a special edition to help you revive your finances and make sure you and your family are in the best possible position as the nation fights its way out of the economic crisis. Take shelter: Our financial survival guide will help you put every penny to good use as we emerge from lockdown and battle the recession It comes after our redundancy survival guide earlier this month. And last week we explained how you can set up your own business and take the first steps on a new career path. The virus has cost some households dearly, with many suffering huge income losses.  Meanwhile, others have been able to save for the first time in years, as commuting costs vanished, along with the temptation to spend on dining out and holidays. Whatever your situation, today Money Mail will help you put every penny to good use as we emerge from lockdown and battle the recession. We have spoken to Britain’s top money experts, and over the next eight pages we will explain how you can rebuild your finances, fill your war chest and plan for the future, whatever it may hold. Take stock and set a household budget Before taking any action, you need to grab your calculator, bank statements and bills and draw up a household budget. Below you’ll find a print-out-and-keep budget planner to help you measure your income and outgoings. Fill this in to identify any savings that might be made. You could also make your own budget calculator on a computer spreadsheet. This vital tool can help you slash unnecessary spending and plot a savings strategy. Then use our guides to savings and investments here and here to make your money work harder. John Ellmore, director of the finance comparison site KnowYourMoney.co.uk, says: ‘It is important not to panic. Rather, people must take stock.’ You will need to review your budget at regular intervals to keep on top of your spending. And don’t forget to look at statements so you can prepare for big annual spends, such as Christmas and holidays. Here’s your print-out-and-keep budget planner to help you measure your income and outgoings. Fill this in to identify any savings that might be made Becky O’Connor, personal finance specialist at insurer Royal London, recommends checking your bank balance daily to keep a close eye on outgoings. She also suggests arranging for major transactions and loan repayments to come out immediately after payday — so you know what you will have left for the rest of the month. You could go further and work out a daily budget, too. But Ms O’Connor warns that no month is typical and you should always be prepared for unexpected expenditure. Sarah Coles, personal finance expert at investment firm Hargreaves Lansdown, says it’s worth having a ‘plan B’, adding: ‘If your circumstances change for the worse, you need to be able to slash your costs quickly, so plan this in advance. ‘This doesn’t have to be a budget that you can live with for ever: it is designed to get you through the worst of circumstances.’ Seek out any chance to save Once you have a comprehensive list of all your outgoings, you may well be shocked at how much you are spending each month. Go through your list with a fine-tooth comb to find any unnecessary spending. When you have a total for this, you may again be surprised at how quickly it all adds up. Perhaps you pay regularly for a service you find you don’t use very often, such as Amazon Prime or Netflix? Laura Suter, personal finance analyst at investment broker AJ Bell, says: ‘Work out whether you’re getting value for money and still using the service — if you are not, cancel it.’ But Ms Coles warns not to sacrifice all the things that make you happy — because if you are miserable, you may be more likely to bust your budget. The internet can also help you save. Sell unwanted clutter or buy cheaply on sites such as eBay, Shpock and Facebook, or use local groups on the social media site to borrow expensive items such as lawn mowers and power tools. Try planning meals in advance to avoid spending on takeaways, and use a food-sharing app such as Olio, where neighbours exchange food they no longer need for free. How I lopped £1,000 a year off my bills  Richard Jackson saves his family close to £1,000 every year with his switching strategy Stay-at-home dad Richard Jackson saves his family close to £1,000 every year with his switching strategy. Richard, 39, sets reminders on his mobile phone when his energy, mobile, television and broadband deals are due to expire. He then uses price comparison websites to seek out the cheapest offers. Richard, who lives in Devon with his wife and two boys, says the family has managed to save more than £500 a month in lockdown after spending on meals out, petrol and outgoings plummeted. And he has managed to bolster the family finances even further by switching energy deals from EDF to Shell Energy – saving £13 a month. He has also pocketed £100 offered to banking customers who switch their current account to Halifax. Richard says that anyone looking to save like him should make notes of when their household bill deals are due to expire. He says: ‘If you don’t save yourself the money, the companies will just take it off you. You need to be organised. It doesn’t take ten minutes to do it. ‘They entice you with an introductory deal and hope you don’t leave, but I will leave if the deal isn’t good enough.’ The Jacksons, who also received a refund for their cancelled cruise holiday, are saving the money to help them through a major building project at the family home. Keep up good money habits  Ask yourself what you can truly afford to save every month and commit to doing so. Set up a direct debit so the money is moved automatically on payday, then you cannot spend it.  But do not save more than you can afford — if the sum is too high, you may panic and cancel the deposits. Ms O’Connor also recommends setting a savings target – for example, £2,000 by the end of the year. Lockdown forced many of us into a savings habit, as we were simply unable to spend. It made us realise just how much was being lashed out on luxuries. But how can you make these good habits stick? A Hargreaves Lansdown survey during lockdown found that about one person in three would go out less, buy fewer clothes and avoid impulse purchases in future to save money.  Meanwhile, one in five said they were likely to save on commuting costs, with employers now happier to have staff working from home. Ms Coles suggests simply thinking twice about ‘habitual’ spending – so consider whether you really need something before plucking it off the shelf in a shop. You might also try giving yourself 24 hours before buying anything new, to avoid impulse purchases. If you think it would help, you could make it harder for yourself to spend rashly by removing any card details saved online and by unsubscribing from emails sent by stores which tempt you to spend. Before you take any action, you need to grab your calculator, bank statements and bills, and draw up a household budget Go hunting for better deals  The largest monthly outgoing for most households is the mortgage – and this is perhaps where the biggest saving can be found. If you are on your lender’s standard variable rate, it is likely you can get a better deal. Rates hit record lows in June, before the average rates for both two and five-year fixed-rate deals fell even further to 1.99 per cent and 2.25 per cent respectively last month. So now is the ideal time to lock in to a cheap deal. Ms Suter says: ‘Once you’ve tackled that big outgoing, look at bills that have crept up. Whether it’s switching to a cheaper energy deal, realising your Sky package has shot up in price, or cutting the cost of your car insurance, there’s lots you can do just by going on a comparison website and hunting for a new deal.’  You can sign up to an energy supplier auto-switching service such as Switchd or Flipper.  They will move you to the cheapest deal automatically, taking the hassle out of switching and removing the need to worry that you are not on a good rate. Ms O’Connor adds: ‘Deals and rates change all the time, but no one is going to tell you. It’s up to you to be aware of what is available.’ The comparison site Uswitch estimates that fixed energy plans used by 1.5 million households will end this summer — and that those homeowners could save an average £149 a year if they sought out a better one. Energy prices are now relatively low, making this the perfect time to switch tariffs. Sarah Broomfield, energy expert at Uswitch, says: ‘Now is a crucial time to bag yourself a new deal, before you get dumped on your supplier’s standard variable tariff.’ About a third of broadband customers are thought to be paying more than they should because their contracts have run out. And finding a decent internet deal is more important now than ever, as so many people are working from home. The soaring cost of new mobile phones also presents an opportunity to save: instead of upgrading to the latest model, keep your current phone and move to a Sim-only deal when your contract ends. Uswitch says someone who bought an iPhone two years ago on an average 24-month contract could save £600 by switching to a Sim-only deal with the same amount of data and minute allowances. Go through your outgoings list with a fine-tooth comb to find any unnecessary spending. When you have a total, you may again be surprised at how much this adds up to every month Get organised to deal with debt  Charity StepChange predicted that 4.6 million people would together rack up £6 billion in debts during the crisis, while millions will have taken payment holidays from mortgages and loan repayments. Ms Coles says: ‘For some people, cuts in income or losing work has meant a horrible battle to make ends meet, forcing them to max-out on debt. If you’re in this position, it’s time to take stock and assess how to stop things getting worse.’ Debts with the highest interest-rate charges should be cleared first. If you cannot pay off your debt any time soon, you could at least shift it to a cheaper rate – for instance, with a 0 per cent credit card or a personal loan with a low rate.  Ms Suter says: ‘This means you can use more of your capital to pay down the actual debt each month, rather than just paying off the interest.’ If you were forced to ask your bank or building society for a three-month mortgage payment holiday, it is worth remembering that you will now owe more interest. Taking such a break will increase debt by more than £1,000 on a typical mortgage. Also, bear in mind that overdrafts are no longer a cheap and convenient way to borrow. After orders from the regulator to make fees fairer and simpler, most major banks have brought in charges of up to 50 per cent. For vulnerable borrowers who use their overdrafts without permission, the charges will probably mean they pay less. But those who dip in and out of an agreed overdraft could find it is a very expensive way to borrow. If you need to take out a loan, local credit unions may offer the fairest rates around. These mutual organisations act in the best interests of their members. Find your nearest at abcul.coop/home. Mr Ellmore, from KnowYourMoney.co.uk, says it is also important to maintain a strong credit score, so bills should be paid on time if possible. This will put you in the best position if you need to apply for a loan. Yet Ms Coles says it is now worth drawing a line under taking on more debt. ‘There is no point in working hard to pay it all back if you are still prepared to run up debts,’ she says. ‘If this is going to be a life-long change, you need to commit to steering clear of needless debt for good.’ Fresh figures, from the banking body UK Finance, yesterday showed credit card debt had fallen by 12.6 per cent so far this year. The Covid-19 pandemic has sparked the deepest recession the UK has ever known. More than 9 million people have been furloughed and job losses have hit 730,000 Start building a safety net  Once you have cleared any debts and boosted your savings, you can focus on building a safety net in case you lose your job or face unexpected costs. One adult in eight in Britain has no savings at all, and 45 per cent of the country has less than £2,000 put away. Experts say it is a good idea to build up an emergency fund to last between three and six months, to cover essential outgoings such as mortgage or rent payments, household bills and food.  This pot of money should be left in an easy-access savings account, even though these might not offer the most generous interest rates. After the Bank of England slashed the base rate to a record low of 0.1 per cent, all High Street banks cut their savings rates to a pittance at 0.01 per cent. But you can still earn at least 1 per cent more by finding a top-paying account. Ms Suter says: ‘The Bank of England cutting rates and the high demand for savings accounts means you’re not going to get loads of interest. But far too much money is sitting in current accounts earning nothing, or old savings accounts that pay a pittance.’ If you have lost your job, you may also have lost important benefits, such as pension payments and insurance. Money Mail’s guide to retirement in a recession can be found here. But if you can afford it, consider taking out insurance in case you can no longer work. Unemployment and redundancy policies have been pulled from the market because of the pandemic, but you can still buy income protection and critical illness cover. Income protection will pay a tax-free wage if you cannot work due to health problems. Critical illness cover, meanwhile, will pay out a lump sum to cover mortgage payments and financial security if you have a serious health condition diagnosed. The price of the policy will depend on individual circumstances, including your age, health, occupation and smoking history, but the average premium is about £25 to £30 a month.  Protection insurance specialist Kevin Carr says: ‘If you, or anybody else, relies on your salary to pay the bills, [these policies are] worth thinking about.’ Don’t hesitate to ask for help There is no shame in asking for help or claiming benefits if you find yourself struggling. Ms O’Connor says: ‘Managing finances is hard at the best of times – but at the worst of times, it can feel impossible without falling into debt. ‘No one wants anyone to go hungry or have their home repossessed. There is always help if you know where to look.’ She adds: ‘As a rule, if you lose your job or a big chunk of income, there is probably some form of help out there for you, so don’t suffer alone. When it comes to money problems, prevention is always better than cure.’ Families should also make sure they are claiming any benefits to which they entitled. Check your eligibility for tax-free childcare, which pays 20p in every £1 spent. Child benefit of £21.05 a week for your first child and £13.95 per subsequent child is available. If you earn more than £50,000, you pay a charge on some of the benefit. If you lose your job, you may be entitled to Universal Credit. It depends on whether you are still earning or have savings. Check at: entitledto.co.uk/benefits-calculator. Help is also available from the Money Advice Service, Citizens Advice and debt charities such as Turn2Us and StepChange. moneymail@dailymail.co.uk Could you swallow the 5:2 money diet? Tips to save: Personal finance expert Laura Whateley , author of Money: A User’s Guide Here, personal finance expert Laura Whateley, author of Money: A User’s Guide, gives us her top ten finance tips: 1 Financial advisers recommend you have enough emergency cash to cover at least three months of essential bills. I’d argue that the pandemic has upended traditional personal finance rules. You may have discovered that three months is not enough, or that your finances are more resilient than expected. How much you need in savings is personal. Write down your essential outgoings and the minimum on which you could survive if you were made redundant or forced to take a pay cut. 2 Try budgeting using the Japanese art of Kakeibo, where you split your outgoings into ‘unavoidable’ and ‘non-essential’. Set yourself weekly spend and save targets, then detail each day, in a notebook, where your money goes. Committing it to paper, rather than just using your phone, helps to make it stick. 3 However, technology can help you assess all your spending and saving in one place. Consolidate your accounts using an app such as Money Dashboard or Yolt, so you can see on one screen your true financial situation. Combine it with a partner’s accounts if you dare. 4 Contactless tapping, online shopping and buy-now, pay-later plans, all of which proliferated during lockdown, have made it easier than ever for us to lose track of where our money goes. Cash is psychologically more difficult to part with. Use it when you can. 5 Know what your debts are costing you. If you had £1,000 on a credit card with an interest rate of 20 per cent and you cleared only minimum payments, it would take you more than 18 years to pay off. 6 If you struggle to budget, try setting some rules — perhaps a 5:2 money diet, where you have two no-spend days a week, or a 24-hour cooling-off period for anything you’ve put in your online shopping basket. 7 Apps can make saving fun. Chip and Plum both analyse your spending and move money automatically. The app IFTTT pairs with online bank Monzo to enable you to take part in challenges where, for example, it moves £1 on a Monday into a pot, £2 on a Tuesday, all the way through to £7 on a Sunday. After a year, you’ll have £1,500. 8 Make the most of all benefits and tax reliefs available, including marriage tax allowance, worth £250 a year; tax-free childcare, worth £2,000 a year; and, if you’re working from home, you can claim up to £6 a week for equipment or expenses. 9 Don’t ignore the longer-term. It’s tempting to pause payments into a pension during uncertainty, but you’ll be turning down ‘free’ money in the form of tax relief and a top-up from an employer, as well as overlooking the most powerful money tool available: compounding returns. 10 Understand your own weaknesses and the principles of behavioural economics. We are loss-averse, which means we are more upset about losing money than we are happy about gaining it. The endowment effect means we overvalue things we already own when we could get a better deal elsewhere. And anchoring is where we base how much we are willing to pay on a high figure quoted, not on what we think something is worth. Budgeting is as much about our emotions as it is about spreadsheets. Some links in this article may be affiliate links. If you click on them we may earn a small commission. That helps us fund This Is Money, and keep it free to use. We do not write articles to promote products. We do not allow any commercial relationship to affect our editorial independence. The post How to shock proof your finances: Protect your family from recession appeared first on Shri Times News. from WordPress https://ift.tt/2Q5do6r

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[hottytoddynews]

The late Stephen Moore, of Meridian, was the epitome of a lifelong learner, always with a book in his hand. That, and his deep commitment to education, are reasons the Phil Hardin Foundation is honoring its board member and treasurer with a gift in his memory to the University of Mississippi School of Law.

The Hardin Foundation’s gift of $250,000 will support the Business Law Institute at the school, where Moore earned a Juris Doctor in 1971 and was active on the Mississippi Law Journal staff. That’s after receiving an undergraduate degree from Millsaps College and earning a fellowship with Duke University Graduate School.

The businessman’s name will always be linked with education.

“The reason Steve was elected to the Hardin Foundation board was because of his care and concern for education,” said Robert Ward, board chair of the foundation, also of Meridian. “This gift was made to order for his interests – perfect for what we wanted to achieve in his memory.”

The university applauds the foundation’s decision to honor Moore through higher education, Chancellor Jeffrey Vitter said.

“The University of Mississippi values our extensive philanthropic partnership with the Hardin Foundation,” Vitter said. “We deeply appreciate the foundation’s many significant investments in a number of areas on our campus.

“This new gift to honor Stephen Moore’s life is particularly moving, as this alumnus was truly a champion for education, placing great energies and service toward enriching initiatives. His legacy will be expanded through students and faculty in our Business Law Institute.”

Dedicated to improving educational opportunities for Mississippians, the Hardin Foundation’s goal for the gift is to pay tribute to Moore’s almost 30-year service. This plan was put in motion weeks before his death in August 2016, when Moore was briefed on the foundation’s intentions and asked where he would want the gift directed, said Ward, who described his longtime friend as a man of “quiet dignity” who was respected by many.

“Steve and his wife, Joan, had a very meaningful experience while on the Oxford campus for Steve’s law school years, and they came to love Ole Miss more and more through the lives of their daughters and sons-in-laws who all graduated from there,” Ward said. “The Moores became immersed in the university community and their enjoyment of the culture increased with each passing year.”

Moore, a community leader, also was a former board member for the Meridian Public Schools, where he and Ward co-chaired a bond issue campaign in the early 1980s that resulted in $4 million for repairs and renovations for the schools.

“Steve would have been very pleased,” said his widow, Joan Moore, of the foundation’s gift to the law school. “He never planned to practice law but used his legal knowledge as a trust officer in the banking field and later as a financial planner. Steve always said that law school teaches people how to be critical thinkers.”

The foundation’s support will strengthen the Business Law Institute, an innovative program that places the faculty’s top business law experts in office space shared with students. The close proximity of faculty and students facilitates continuous access, collaboration and engagement, an educational model that maximizes active learning.

The institute also houses organizations in the student-run experiential programs: the Negotiation Board, Business Law Network and Tax Clinic. These offer negotiation competitions, professional outreach and real-world practice opportunities to develop students’ business law skills through hands-on activities and practice.

“The Hardin Foundation is interested first in improving educational opportunities at every level for Mississippians,” said Lloyd Gray, executive director of the foundation. “While we are committed to helping build programs, we also like to recognize and reward established programs that are effective.

“In this case, we feel this gift will help accelerate an initiative that has already proven its capacity to equip law students with exceptional preparation and hands-on experiences.”

Gray explained that the Hardin Foundation’s seven board members make long-term commitments – such as the service of Moore – and when members retire or pass away, the foundation has historically honored them in a way that is appropriate to their life and contributions. Several endowments have been created at Ole Miss for Hardin board members.

“Steve enjoyed his work on the Hardin Foundation board and was always pleased to see how the resources impacted educational opportunities,” said Joan Moore, a former speech and language therapist. “He particularly enjoyed traveling around the state to see the Hardin Foundation’s gifts in action.”

Among those involved the Hardin Foundation’s generous support of Ole Miss’ and Millsaps College’s faculty members when they sought to shelter chapters of Phi Beta Kappa, the nation’s oldest and most prestigious undergraduate honors organizations.

“Steve and I attended the ceremonies when Ole Miss and Millsaps College received their Phi Beta Kappa charters,” Moore said. “He was so proud that both institutions were able to recognize their students with this academic distinction.

“Steve was an advocate for learning – a true intellectual – and he read all the time. He majored in history and was so well-versed in history. He also loved the University of Mississippi.”

 The circle of Stephen Moore’s impact on his community widened with his service on the boards of the Meridian Community College Foundation, Kings Daughter’s Nursing Home, Care Lodge and Boy Scouts of America. He was an active member of St. Paul’s Episcopal Church, serving in numerous roles, as well as a trustee of the Episcopal Diocese of Mississippi.

Professionally, he was the trust officer for First National Bank of Jackson and then senior vice president and trust officer for Merchant and Farmers Bank and the Bank of Meridian. He retired as a financial planner at Revels Securities and Smith Barney.

“Steve was a very humble and quiet man,” his wife said. “When he said something, people listened. He loved our family and was my best friend.”

The Moores’ family includes two daughters and sons-in-law: Alison Moore Abney and husband, Luke, of Madison, and Melissa Moore Blackburn and husband, Jeb, of Vicksburg; and five grandchildren, Simms and Owen Abney and Caton, Ali and Emerson Blackburn.

The Hardin Foundation was created by Phil B. Hardin, an entrepreneur who built the highly successful Hardin Bakeries Corp. from a bankrupt business he purchased in the 1930s. In 1964, he founded the Phil Hardin Foundation, which is dedicated to improving education for Mississippians. It is one of the three largest foundations in the state and has provided Ole Miss with more than $3.4 million in support of the schools of Business Administration and Education, College of Liberal Arts and more.

The Stephen Moore Endowment for Business Law is open to gifts from individuals and organizations. A check with the fund’s name in the memo line can be mailed to the University of Mississippi Foundation, 406 University Ave., Oxford, MS 38655, or made online at http://ift.tt/2eYc0j8keagift. For more information, contact Suzette Matthews, development officer for the School of Law, at suzette@olemiss.edu or 662-915-1122.

  By Tina Hahn

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[recruit-resource-blog]

2016 Sampling of Recruiting

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Art Director Theme Park - Orlando, FL

Certified Public Accountant (cpa) - New York, NY

Chief Financial Officer - Forrest County, MS

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Director, Compliance Counsel - Westchester, NY

Federal Financial Senior Consultant wPolygraph - McLean, VA

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Financial Services Company (HNW)

Fluid Power Engineer - Atlanta, GA

Global Director of Supply Chain - Boston, MA

Global Sales Manager - Mexico, Latin America, - Miami, FL

Human Resources Director – Consumer Products Division - Paramus, NJ

Human Resources Jr Generalist Highland, NY

Lead Operations Accounting - Morris County, NJ

Manager, Project Engineering - Chicago, IL

Manufacturing Engineer - Tempe, AZ

Manufacturing Planner - Poughkeepsie, NY

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Materials Manager - Aiken, SC

Patent Attorney, Associate Director level - New York, NY

Plant Manger - Hartford, CT

PMO's Project Scheduler - Cambridge, MA

Power Distribution Controls - BSEE - Tulsa, OK

Project Leader IIProject Manager - Deerfield, IL

Project Manager - Cambridge, MA

Project Manager (OEM Aerospace) - Tucson, AZ

Quality Engineer III - Tucson, AZ

R&D Tax Manager, R&D Tax Director - Dallas, TX

SALT Senior Manager - New York, NY

Senior Accountant Consolidation, Corporate Accounting and Financial - Greenwich, CT

Senior Mechanical Engineer - Hartford, CT

Senior Mechanical Engineer - Milwaukee, WI

Senior Network EngineerArchitect - SME - Burlington, MA

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Sr Associate Finance - Rogers, AR

Sr Compliance Professional - San Francisco, CA

Sr Electrical Engineer - Boston, MA

Sr Product Marketing Mgr –Cyber Security - Virtual Boston HQ - Arlington, VA

Stress Engineer Senior Stress Engineer (s) - Mobile, AL

Supply Chain Manager - Tempe, AZ

Supply Chain Manager - Ulster County, NY

Tax Manager Commercial Group - Manhattan, NY

Tax Manager International Tax - Manhattan, NY

TAX PARTNER REAL ESTATE CONSTRUCTION - New York, NY

Validation Engineer (Long Term Contract) - Bridgewater, NJ

Vice President Dispute and Investigations - Boston, MA

Vice President of Sales & Marketing Aerospace - Dallas, TX

VP – Merger Acquisitions - Portland, OR

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