Financial Planning for Widows & Widowers

If you’re a widow or widower, you know that life doesn’t always go the way you planned. Now you’re here on your own trying to understand how to move forward. Perhaps your financial upkeep was a concept left to your spouse, and now you’re being forced to deal with it. You’ve got new and expanded responsibilities you never asked for, relationships with people who primarily worked with your spouse, and now you need to figure out who you can trust.

When a spouse passes away, this is also a period where you have to re-evaluate your financial situation. You need to come up with a financial plan designed for your new situation, factoring in life insurance, loss of income, and funeral/memorial expenses. It’s also an emotional time when many new widowers tend to make rash financial decisions, oftentimes to the detriment of their financials.

The death of a spouse is historically one of the biggest reasons people change financial advisors. Perhaps your spouse had a great relationship with the advisor, but you weren’t as comfortable, and so you’re considering moving on.

We want to show you that managing your financials as a widow / widower doesn’t have to be an overwhelming burden. Rely on a professional you trust to guide you through the process and take the pressure off an already extremely stressful time. This is a pivotal time in your life, and we are here to guide you through this process.

Common financial questions for widows & widowers:

> Who can I trust for financial advice as a widow?
> Am I going to be alright financially?
> How can I learn more about the financial effects of the death of a loved one?
> What steps do I need to take now?
> How will a new financial plan affect my future plans?