Episode Overview

Estate planning is about far more than just a will. It’s about protecting your wishes, your assets, and your loved ones—especially if you’re unable to make decisions for yourself.

In this episode of Is a Reverse Mortgage Right for You?, host Cheryl Scheidell, Reverse Mortgage Specialist with Barrett Financial Group, is joined by Stephanie A. Bivens, a Certified Elder Law Attorney through the National Elder Law Foundation.

Together, they discuss what a complete estate plan truly includes, why Powers of Attorney are essential, and how elder law planning helps families avoid stress, delays, and court involvement during difficult times.

This episode is especially valuable for seniors, caregivers, adult children, and anyone planning to age in place.

Topics Covered in This Episode

• What a solid estate plan includes beyond just a will
• Trusts, beneficiary designations, and incapacity planning
• When to create—or update—an estate plan
• Life events that should trigger a review (retirement, health changes, remarriage, grandchildren)
• Common estate planning mistakes families make
• Risks of DIY or outdated legal documents
• Why financial Powers of Attorney are critical
• The importance of healthcare Powers of Attorney
• What happens when Powers of Attorney are missing
• The difference between an Estate Planning Attorney and an Elder Law Attorney
• Long-term care planning, asset protection, guardianship, and conservatorship
• How housing decisions and reverse mortgages should align with estate planning

Why This Episode Matters

Without proper estate planning and Powers of Attorney:

• Families may be unable to manage finances or make medical decisions
• Court involvement may be required
• Housing and financial plans can be delayed or disrupted
• Stress and conflict can arise during already emotional situations

With the right planning in place, families gain clarity, control, and peace of mind.

About the Guest

Stephanie A. Bivens, Esq.
Certified Elder Law Attorney
National Elder Law Foundation

📍 8283 N. Hayden Rd., Suite 195
Scottsdale, AZ 85258

📞 480-922-1010
📠 480-498-7455
📧 stephanie@bivenslaw.com
🌐 bivenslaw.com

Stephanie focuses on elder law, long-term care planning, asset protection, and helping families navigate aging-related legal decisions with clarity and compassion.

About the Host

Cheryl Scheidell
Reverse Mortgage Specialist
Barrett Financial Group

📞 480-817-4324
📧 cheryls@barrettfinancial.com
🌐 ReverseMortgageAndBeyond.com

Cheryl helps homeowners understand how to strategically use home equity as part of a coordinated retirement and estate plan.

Call to Action

If you’re unsure whether your estate plan, Powers of Attorney, and housing strategy all work together, now is the time to ask questions.

📞 Call or text 480-817-4324
📧 Email cheryls@barrettfinancial.com
🌐 Visit ReverseMortgageAndBeyond.com

Education is always the first step—no pressure, just clarity.