The sudden loss of a spouse, particularly at a young age, is life-altering. While experiencing a tremendous amount of grief, there are dozens of decisions that have to made and it’s unlikely you’ll be immediately prepared or able to emotionally manage them. The landslide of documents, forms, and important decisions to be made may quickly start to feel overwhelming. During this difficult time, we’ll alleviate some of your stress by handling many of the necessary administrative duties, such assisting you with collecting death benefits and ensuring cash flow. We’ll also provide you with a snapshot of your spending, so we can quickly put a short-term plan in place. Once you are ready, we’ll establish a long-term plan that will make the most of your existing assets. Rest assured, we’ll help you navigate your loss and remain by your side to address your questions.
I’ve been devastated and shocked with the loss of my wife. She handled the bill paying and the finances and I am quickly becoming overwhelmed with the mounds of paperwork. How do I get on track in the short-term?My spouse managed all the bills and I’m just not sure I have a clear picture of our actual financial reality. Can I maintain my current lifestyle?My husband suddenly passed away and was the primary earner for our family. Although we have savings and death benefits, I am concerned about continuing to provide for my kids. How can you create an income plan that meets my needs?
This is devastating. It’s impossible to prepare for the emotional toll that this will take on you and your family. As you cope with your new reality, financial stress can mount. What should I do with the life insurance proceeds? Should I pay off the mortgage? Do we need to move? How will we continue our current lifestyle? The kids are suffering enough. I don’t want to change how we are living but I want to be financially responsible. These are all real concerns. But it’s critical to work with a financial planning professional. Don’t do it alone. As painful as your new reality is, now is the time to refocus your financial needs and measure the impact both short and long term. Come see us. Let us help guide you through this.