YOUR INSURANCE CONNECTION May 28, 2023

What is YOUR INSURANCE CONNECTION?

We talk about saving money on auto insurance, homeowners insurance, and - yes - we talk about life insurance!

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You're listening to locally produced programming created in KU NBC Studios on public radio K, u and v. 91.5.

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The following is a paid program sponsored by your insurance connection. Please be advised that the voices and opinions you hear do not necessarily represent the views of K, u and v Las Vegas, the University of Nevada, Las Vegas or the Board of Regents of the Nevada System of Higher Education.

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Good morning. This is your insurance connection. I'm your host, Donald Marquez. On your insurance connection. We talk about saving money on auto insurance, homeowners insurance. Yes. And we talk about life insurance. Welcome to the show.

Unknown Speaker 0:52
Good morning everyone. My name is Don Marquez. This is your insurance connection we broadcast right here. K u and v 91.5. Jazz and more Sunday morning from 8am to 830. And I want to thank the listeners that contacted me and purchase home auto. And yes, life insurance in studio with me today I have the one and only the only one. Christine.

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Thank you for having me done again.

Unknown Speaker 1:19
It is always Always a pleasure. Thank you so much. Are we gonna be on Instagram, Frank White is recording this. So if you can check us out on Instagram. And we'll get more details on how to get in touch with with us on Instagram. You know how to do it right now the call signs because I'm Instagram all the Twitter, Instagram. I'm old school, Ram and YouTube. I'm caught it I'm caught up with the cassettes and a track I need to get updated. I've loaded updated right I do still have CDs of CDs,

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I can even find a CD player Oh, they're around new cars don't even come with the CD player. I

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know. I know. So what we're gonna be on Instagram. And we're gonna be here on to eight till 830 Giving you valuable information on auto insurance and of course, homeowners and life insurance and Christina is gonna get us up to date with everything legal in the legal world, right? Your business, everything

Unknown Speaker 2:17
legal, which is a paralegal service. We do things that don't necessarily require an attorney, that can be done by myself, I have over 40 years experience. And I can kind of guide you in the right direction

Unknown Speaker 2:33
kinda you do guide people in the right direction, I have the pleasure of working with Christine, on with my clients, they when they need a power of attorney for a life insurance policy. They may have a loved one that cannot speak for themselves. Or they may have a loved one that needs a POA because they're kind of wild and out in the streets. And you know, a person don't want to get that phone call in the middle of the night and say, hey, you know, you lost your loved one due to foolishness. And sometimes we do have to protect about others because they can't protect themselves.

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And you don't want to have to go do a GoFundMe. No,

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no, it's a lot of scams out there on the GoFundMe and people reaching out for help. That doesn't have honest intentions. If that's that's the only way you you plan on taking care of someone's final expense. That's not a good plan. Yeah, that's right. No, and your services provide wills. You can help people with a trust to get them in touch with an attorney with a trust and what are your responsibilities and duties you

Unknown Speaker 3:36
provide? medical power of attorneys which let me explain a little bit the difference between a medical and a financial power of attorney, a medical power of attorney, you designate what your what you want to happen to you in case you're at a situation where Let's use COVID for instance, where people were on ventilators Well, if you didn't already decide how you want it to be treated or handled prior to that ventilator it would be up to your family member to make the decision does do we do a DNR How long do they stay on the ventilator? A medical power of attorney breaks down that those that information for you. You can also designate a person and an alternate person in case that other person is not available to make those decisions or carry out I should say, the decisions that you've already made,

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and not only been a ventilator would have What if a person has to go into a nursing home prior to going into an

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MA or anything that you can't financially handle. You can't go to the bank, you can't pay your bills, you can't collect your retirement. This person you designate would do that for you.

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I say it's like a person that can right sign for you sign your checks on your checks. And with the power of attorney. Do they have access to your bank accounts? Can they with the power of attorney go to the bank and yes

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If they would have accessed, they would have limited access, limited access, yes, they can't just close your account, or things of that nature, this just gives them access to be able to carry on, pay your mortgage, pay your car insurance, pay your bills, because hopefully this is temporary and you're you're not going to be long term.

Unknown Speaker 5:19
Well, if it is temporary or long term, it puts that person in a fiduciary position to maintain one's you know, to help one in a, in a position of trust. I was just saying in a position of trust being in a fiduciary, I'm, I'm in a position of trust, being an insurance professional, you absolutely I trust what I do.

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And your customers trust you Yes, and the right information.

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And you know, and I have to have trust in the companies that I select, being on the air, there's a lot of liability, doing what I do. Because, you know, I want to get about correct information. So there is a lot of moving parts with insurance. And being an insurance professional, I've seen a lot in my lifetime. And I've seen a lot of people make the wrong choice, especially when it comes to purchasing life insurance, auto insurance, you know, people are gonna shop that around every four to five, six years, you know, maybe, or homeowners insurance used, usually, when you shop for the auto you shop for the home usually. However, when it comes to life insurance, and this is where we connected, we tie in, you know, because you have helped me multiple times, with people with medical and financial pol A's. And also my clients that need to put a loved one on their Deed of their own yes to a right of survival or in lieu of, let's

Unknown Speaker 6:40
talk about that a little Yes, let's talk about, hey, write up survivor on a grant deed, there should be two people. And the reason there should be two people as if one person passes, the house is automatically going to go into probate. If there are two people on a deed, whether it be your spouse or a child, the House will pass down to that person automatically and you just take the death certificate to the county recorders office, they transfer the deed to you.

Unknown Speaker 7:09
Even if it's still a mortgage on that property, even if it's still a market property, you still have to assume the mortgage. Well, the mortgage company doesn't care as long as they get the money. That's right loans, they get the money and with the name on what's your name on the deed, it gives you ownership, it's like owning a title to the car. Yeah. Now in the state of Nevada with the title to the car, you don't get the title until you pay the car off. But in most states, they'll give you the title. And you can still have a lien against the car. Yeah, well, with the I've been in my own personal situation to twice where it actually three times. My mother, my wife and my mother in law, where the deeds had to be transferred. Yeah, and the deed has to be transferred. And you know, unfortunately, we put everyone on the deeds for writer survivor. It made the transition a lot easier.

Unknown Speaker 7:58
So and it's a lot of hard doc. It's not a hard document. process. I make it very simple. There are certain documents that we have to have to prove that this person is related to you. It's easier when they're related to you. It's less expensive if they're related to you than if it's just somebody and No, no,

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it just made me I don't know, hopefully, hopefully you can answer this question. If a person put a lien on your property, and they pass away. And you do have a right of Survivor does the right a survivor pick up that lien?

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That's a good question. I don't know the answer to that. But I look into it. Okay,

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that's it. Yeah, I was I was wondering about that if a person had to put a lien so people can put a lien on your house that's real. It makes

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sense that a person that the lien was on is no longer there. Does the lien still exists? That

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will we have to next episode we'll talk about that. As well. My name is dad Marquez along with Christine Banagher. This is your insurance connection, if you're just tuning in for the very first time. My name is Dawn Marquez again along with Christine Barnard and we do this every Sunday morning from 8am to 830. I'm a licensed insurance broker for auto home and life insurance. My contact number is 70223626247022362624 located on the corner of Sahara Rancho and the US Bank building. I know we're right in the middle of I said I just have to say we lost two giants within the last week. Jim Brown he passed away and also Tina Turner. Tina Turner many souls rest in paradise. Wow to two iconic figures. I love Tina Turner. I saw Tina Turner at the Silverbird when her and I went their separate ways and it was like to drink minimum. You know to see Tina Turner and I like the shows today. Now the show today you got to go out and take out a loan

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five to $700 particular ticket

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you know and then it for a man taking a woman out to a solo If that right, so it was five to $700 a ticket, let's say the tickets are $500, that's $1,000. And then after the show, you know, after spending $1,000 At a show, you can take a lady to the drive thru, you know, super supersize it. After an evening like that is going to be dinner wine, you know, that's another that's a $300 night. So that's, that might come out to be about $13.13 to $1,500. The CDS entertainers, that's why I still have CDs, okay? We talked about that earlier, but the CDs, this is why I keep my CDs. So all my hair, and all my cars, I can play my CD player, right? I keep it old school as much as possible, it keeps money in my pocket. But I like to have a little fun with this. Again, you know, we offer life insurance, auto insurance, homeowners insurance, renter's insurance. And along with that, Christina, I've called multiple times when my client needed a life insurance policy for a loved one. Or in his a perfect example. If you have a loved one with Alzheimer's or dementia, that you definitely need a power of attorney. Yeah, whether you need life insurance for them or not, you should have power of attorney over this individual because they cannot make their decisions for themselves. A caregiver

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definitely needs a power of attorney. And that's also a simple product, product product to prepare. I come to you, I get the information, we do the power of attorney. And in most cases I you know, we turned it over where it needs to go. But if somewhat something happened to that person, you're going to be asked multiple times, do you have a power of attorney? How can you make these decisions? If you don't have a power of

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attorney? Well, you know, most people will say, Well, you know, I talked about that, or my mother close relative if that's the case. And they told me that they wanted me to have a house. Or they told me they wanted me to have the car. Or they told me they wanted me to have the investment properties. And you know, and that's a lot of moving parts with that. If there's no documentation

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has to be written down. Yes. And it must be notarized or it's not legal, the court is not going to go based on a conversation that you had with your family members, it has to be written down.

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Now, does it have to be a family member to get get a power of attorney on the individual salutely?

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Not okay. We just have to prove how they are connected. Generally, the life insurance company would want to know who you are,

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what is the fiduciary position, putting yourself in to help out your loved one or a friend a good friend, because there are people out there when no loved ones or their loved ones had this ease, no siblings, and it's this is good information. Christine, tell tell our listeners how to get in touch with you

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I can be reached at 702-430-2240 that 702-430-2240. And if you'd like to see what other services, everything legal offers, check us out on www dot everything hyphen legal.com.

Unknown Speaker 13:16
Also, I'm looking at your brochure you have a quick claim deed want to elaborate that on a little bit for us, you have

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say for instance, somebody is you know that they're they don't want the property anymore or or they're ill and they didn't add anyone to the property prior to becoming ill. They can quit claim that property over to whomever they would like. I prepare the document I notarize it and we get that done. So that's often that's off the books is

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similar to a sale of your property.

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Yes. It's a gift, your gift if the home is paid for, which there's a lot of people here in Nevada who paid for their homes, they're paid for they don't own a mortgage, they could claim them to their children or to their sister or sibling

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or I see now on a quitclaim deed. Can you quick claim a home with with a mortgage? No, no. Okay. Yes, it's when it's paid for what it's paid for just pay the taxes and insurance taxes, insurance, especially the insurance part, but your insurance. I've had people come to me Believe it or not Christine, on a home for years, and felt they didn't need homeowners insurance. And I've seen people in my career not having homeowners insurance, and and they house caught fire and they couldn't rebuild it. It's very expensive to rebuild. And now your homeowners insurance during that time when I was first in the business. Back in the 90s. your homeowners insurance was less than $500 a year and they didn't want to pay it because they said wow on my own Why should I pay it but then if something happens, and it happened right next to my mother's home The house burned down. And it's a still vacant lot today since the 90s when the house burned down, and I went for less than $500. Back then they could have had homeowners.

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There's so many other things that a homeowner's policy can do for you. Oh, yeah, absolutely. It was mine. If the garbage disposal the dishwasher, something happens, I pay that little fee and call them up.

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Right? Well, you know, you're talking about a warranty. That's a little different. That's a warranty. We're talking about homeowners insurance. Now your homeowners insurance protection is for liability. If you have a dog that you know, gets out, bites one and as long as they're in a vicious dog. You know, the Rottweilers the pit bulls and I know people have Rottweilers and pit bulls. Adelaide with Pitbull. She called poop Hill pit bull fluffy. That's not a pit bull name. You know, Bill needs a real name, you know, like killer you know, something other than you know, feel some kind of way He's harmless. You know, you know, you don't bite anybody but he's a pitbull. But insurance companies if you do have a pitbull, you may or may not can get homeowners insurance. Now if you already had your homeowner's insurance, and you get a pit bull or Rottweiler, you should check with your insurance carrier to see if they will cover the dog for liability. And most cases, you may have to sign a waiver that the dog is not covered. Now I remember years ago, my wife went out for a walk in our community and a Dalmatian bitter, a Dalmatian bitter and on underneath or form and come to find out they didn't own a home, they had renter's insurance. Now the renter's insurance paid for her injuries, because it was over $8,000 in injuries from a dog bite, and what the shots and just the medical, the medical alone was over $8,000 and we're talking about over 20 years ago.

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Oh my goodness.

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So when you have these pets, you have to understand that they insurance companies may or may not cover certain pets, or exotic pets if you have exotic pets. So you know my name is Don Marquez, this is your insurance connection 702 to 3626247022362624. Now, along with what you said your homeowners can do a lot for you, if you do have to be relocated, because there's a you know, maybe fungus in the house or you have to be relocated, because believe it or not, we have termites in Vegas, or have white mold, mold, mildew, or you in a situation where there was a fire, and you have to relocate your homeowners insurance will pay for the loss of use. Also, your renter's insurance will pay for loss of use of put you up in a different location and pay your expenses. So you won't have rent and a mortgage. That's more information 702 to 362624. Christine, you've been around for how long and this business 42 years old, what got you into the being a paralegal. I mean, just to make the next step and being an attorney. Because

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I was a mother, oh, I use a mother had three daughters that I needed to raise. Right. going to law school would have taken away quite a bit of time away from those daughters, and

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throughout your tenure. Do people respond to you in a way that, you know, with the understanding the difference between a lawyer and a paralegal now to my understanding is the paralegal does all the work for the attorney anyway. I mean, prepare documents, do everything that the attorney said it makes the client go over everything and then the attorney gets what the paralegal?

Unknown Speaker 18:44
Yeah, they get, they give us the work, they have the final say. So they review it. They guide us along on what to do how to do and make sure that the timeframes are met, and that we haven't missed any deadlines and things of that nature. But after 40 years of doing that, I kind of know what I'm supposed to do.

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Absolutely. And it's more cost effective to utilize your services versus the

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material. Absolutely. And another another thing that I don't step over the line, if there's something that I can handle, I'm upfront and I say I can take it this far. But I suggested to you seek an attorney and I can even refer someone to you that will handle that.

Unknown Speaker 19:29
Okay, what about prenups? Well, you can you read you recommend prenups to certain individuals,

Unknown Speaker 19:36
I recommend pre meds to everybody

Unknown Speaker 19:39
what I needed a prenup without a doubt now this is my before we got married, and that was yours. And if it doesn't work out, you take it off and I take my now whatever we accumulate together, that's different, but I who wants to get married and you know thinking you're gonna get a divorce one day bye You'd never you'd never know something

Unknown Speaker 20:00
that needs to be discussed just like the power the your insurance policies. We all know it's coming. We don't want to you don't want to think about it. People don't want to talk about death. You don't want to talk about it. No, but

Unknown Speaker 20:15
when. But when we hear about Jim Brown, we hear about Tina Turner, like, Oh, it's so sad to hear. Well, prenup

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we hope you don't ever have to use but it's better to have it in place and never have to use it when I have it. But are

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women receptive? When a man or I don't think I know when I got when I got my trust? I asked. I asked my attorney. I said what if I do get married? remarried one day I lost my wife over five years ago but if I do get remarried what I need my trust protect me. For all my assets that I have before the marriage. She said no, you need to also need a prenup. Even with the trust. Yes. That's what she told me. Absolutely. She told me so. But But I look at it like this, okay. I look at them. And some people might think, well if I get a prenup, that means you know this, this marriage may not last. You shouldn't look at it like that. You worked hard for you assets, you

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should protect our tart right your assets,

Unknown Speaker 21:13
and you can help them with a prenup. Absolutely. Can you help them with their divorce?

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No, and attorneys.

Unknown Speaker 21:20
Okay, so you can help with the prenup not to divorce. And he's a step by step process that people go through all the time. You know, and people you know, you get it, you get the news. Hey, so the divorce also got married. And you got to take the right steps these days to get married.

Unknown Speaker 21:35
Let me let me clarify that a little bit. There are divorces if there are no children involved, and no property involved, those divorces I can help with because it's just completing some paperwork and filing it with the court. But if there's children involved and community assets, they need an attorney. You need an

Unknown Speaker 21:55
attorney? Yes. And as long as both parties are agree on, you know, divide the assets or the furniture or the dog or the cat, whatever they would know children. Yeah, they can get fluffy you can take fluffy okay, I've never liked him anyway. Yeah. Yes, I can help. That can help. I can. And my

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cost is a lot less. You

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know, I like to have fun on the show. Yes, sir. I know you look at it and you've relaxed this is this is this is radio. This is Sunday morning. And you know, we have to keep writing and listeners entertained. Because insurance and making you know, we can get this insurance is boring. It really is. I have to entertain myself and I want to my customers come to see me. We laugh we joke a little bit talk talk about what's going on in the world. Yeah, sometimes they don't know about the.on This show, but yeah, but we get down to business, you know, and it's good to be have a relationship with your customers, where they feel comfortable. Okay. And I've I've had people from the gay community come to see me and I've had people you know, elderly people come to see me. And I break it down simple. I simplify, you know, what's going on with their policies, I give them policies reviews. Let's take a look at your current insurance your home.

Unknown Speaker 23:24
Second, you do that at no cost, no

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calls no no obligation for review, absolutely no obligation as well as you when a person contacts you. For for, you know, certain, you know, for certain whatever they need, I mean, if they need a will, how does that process work? When a person comes to you and say, You know what, I need to work I don't need to trust but I do need to well, what's the difference really

Unknown Speaker 23:47
have a telephone conversation or I meet with them in your office, thank you very much. You're welcome. And we discuss what they what their ultimate goal is. And then from that point forward, I give them a list of instructions. These are the things that I need to gather you can give them you can feed them to me a little bit at a time. Or you can reply to an email all at once I put the email put the world together, they review it. A lot of times they may want to add, subtract, delete someone from it. I meet with them, they sign it we have witnesses, it's notarized. And that's it now

Unknown Speaker 24:24
with what determines a person getting needed and will or a trust because I've heard people say, Well, I don't need a trust. I only need I don't have I don't own a home. I don't own a home. I'm single I don't know children or maybe they have children. What divides the two?

Unknown Speaker 24:44
My opinion is a trust is for someone that has assets, multiple assets, not just a vehicle and a car. If you have businesses you have stocks you have multiple bank accounts like Do you have a bit you have business, so you have to protect the business in case someone were to sue you or whatever. When we do when we do a will, the will is basically talking about how you want your, your assets or the things that you do have divided. If some people have come to me and their car is lease, they're like, send the car back to the leasing company. You know, here's the mortgage company's information if the children don't want the home, let's sell the house. Here's some mortgage information on selling the house. So it really just divides the information tells people what to do with where they are. And also, I asked them for their passwords, so that the person who they choose as an executor doesn't have to tear up the house trying to figure out how yes, that happened all the time. How to open the safe, if there is a safe, right, where is the safe?

Unknown Speaker 25:55
Where is a? Or where do you what do you keep your your paperwork? Yeah, and I've heard you say on other on the show, where people should have a list of items with the with the account numbers on it. Yes. You know, so a person for you. Here's your life insurance policy. Along with your life insurance policy, you have the will you have a complete package of a complete package or complete package, a complete package. If you don't have a complete package, Christine Bernard is here to help you. Or contact phone number is

Unknown Speaker 26:24
70243022407024302240 Mana add one other thing done. If you did your will, like 10 years ago, sometimes things change. You change your mind about things, or you've gotten rid of some of the things that were in your Will we can we can we do that for you as well. Now

Unknown Speaker 26:51
if someone wrote you will, other than you. Yeah. And you can also do a review, right? Yes, no obligation review to review your current well, because things do change. Yes. And, and I when it comes to life insurance. And I say this, I can't express it enough on my show, where if you do lose a primary beneficiary of they pass away, or if you even get remarried. remarried, you need to change a beneficiary. And this is why it's so important to get an update to get a review. You know, my number is 70223626247022362624 my services, our life insurance, homeowners auto insurance and renter's insurance when it comes to life insurance, and this is one of the policies that we lease, keep his life insurance if something comes up, don't don't let your life insurance policy lapse, or you know, just cancel your policy. You know, there are other things you could do to get retain your life insurance policy. However, if your life insurance policy is going up every Jonas anniversary, this is why we need an insurance review. My number again is 70223626247022362624 locations is on the corner of Santa Clara and Rancho in the US Bank Center. Located on the eighth floor, Christine also works out of the same office. And she comes there with her clients. And you know, I noticed she left some cups the last time but I'm let you go. I'm sorry. Yeah. That was Christine. She left her cup there. But it's okay. I I have multiple hats. I cleaned it up. Thank you, sir. We'll do this again. So okay, thank

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you. I appreciate it.

Unknown Speaker 28:45
Thank you for coming on the show and enlighten our listeners. My name is Don Marquez. This is your insurance connection. 702-236-2624 Ilyse Memorial Day weekend. Oh, yeah. So a lot of people out there traveling be safe. I'm staying inside be safe. It's gonna It's the we're starting to warm up but you know, I get up in the morning and take a little walk in the neighborhood. It feels so good. Before eight o'clock, you can do the same thing. If you're traveling please be safe. We'll do this again next week from 8am to 830. My name is Dawn Marquez along with Christine Bodnar. Until then just keep it crispy. Thank you for listening

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