Losing A Loved One

 Nothing is more painful than the loss of a loved one.  Getting through this time takes the love and support of family and friends.  As a financial advisor, I can not say or do anything to remove or diminish that space that is now vacant in your life. I can only share with you how you can move forward from a financial standpoint. We'll do everything we can to help, with patience and sensitivity.

If you've received a death benefit from your loved one's life insurance

The death benefit from your loved one's policy can fill income gaps and give you the means to provide greater protection to your children and other family members.  But to make those funds provide lasting benefits, it's important to have a plan for using them as effectively as possible.  We can help you determine what solutions will allow you to create a long-term income stream and safety net for you and other members of your family.

If your loved one didn't have life insurance

The loss of income, even if it's social security income in retirement impacts a families ability to maintain their current lifestyle.  The absence of capital coming in from a death benefit could create income gaps that are difficult to fill.  We can help you find alternate means of filling in the gaps in your financial picture.  It starts with reviewing your assets, sources of income and financial liabilities.  Then we will outline recommendations for a plan to minimize your expenses and maximize your cash flow through a range of solutions. 

One important consideration: If you have children or a loved one that is dependent on your help, getting your own life insurance policy is imperative to provide financial stability for them in the event of something happening to you.

If you don't have life insurance

Losing a loved one or something happening to you is not something you like to think about.  Yet having a plan in place in the event this life event happens is extremely important.  Income streams are vital for us to continue to live the life we have created and dreamed about.  Without cash flows, then life as we know it can come to an abrupt end and difficult choices may need to be made. 

Talk to us about helping you with what kind of life or disability insurance can provide you and your family with the greatest protection for your cash flow and particular situation.  Insuring both your loved one and yourself is important with or without children. Even if you are not the primary breadwinner, capital coming into your world when there is loss can help with many planning objectives that are sometime overlooked.  These include but are not limited to dealing with funeral expenses, childcare, domestic help, and most importantly, the ability to take time off work if needed to handle the emotional needs for you and your family. 

We will help walk you though what does and does not make sense for you and your family so call today!