Losing your spouse, especially suddenly or in retirement, is a devastating yet common aspect of life. It’s a painful and emotional life event, which makes it very difficult for married couples to plan for, especially from a taxation standpoint.

That’s why we created our Retirement Road Map, designed for all five areas of your financial well-being. From income, investments, taxes, healthcare, and legacy planning–we’re here to support our clients so they’re prepared when facing life-changing circumstances.

Today, Keith Ellis, Jr is joined by two advisors from SHP, Joe Anderson and Anthony Finocchiaro, to talk about what happens when a spouse passes away and what we do with our clients to ensure that the surviving spouse is taken care of.

We discuss the immediate impacts of death on your finances, how to plan for the unexpected to protect yourself in emotionally trying times, and how to organize your estate at any time in your life to preserve your legacy.

In this podcast interview, you’ll learn:

• Why losing a spouse rarely cuts the living expenses in half.
• What you can do to take financial uncertainty out of this worst case scenario.
• How the best financial advisors minimize the overwhelm that people face when losing a spouse and life partner.
• The two goals of any good financial plan.
• The tax conversations you should be having with your advisor now to protect yourself in retirement.

Want the Full Show Notes?

To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast

Connect With Us on Social

• Facebook
• LinkedIn
• YouTube