Financial Advisors for Widowed Individuals
Specialized Planning For Those That Lose Their Spouse
You weren’t the spouse that handled the family’s finances, and that’s okay. You just need somebody to help guide you without talking down to you.
or give us a call:
708.479.7755
Widowed Individuals Need Help During a Family Crisis
When you lose a spouse, you may find yourself thinking these thoughts:
- “My spouse was the one who handled all the bills and finances. I have a million things to address and I don’t know where to start.”
- “I’m going to have to meet with the accountant, attorney, banker, financial advisor, and I’ll have to call the insurance company. It’s exhausting to think about and I’m a little intimidated by all the decisions that will have to be made.”
- “I need to get everything organized now so that the kids will be taken care of if something happens to me.”
How We Advise Widowed Individuals With Our Plank-by-Plank Process™
As we’ve worked with widows, we’ve tried to listen and learn about what is important to them. That is why we:
Handle Immediate Concerns
When your spouse dies unexpectedly, we help you determine which items need to be handled now (i.e. death certificates, bills) and which can be addressed at a later date.
Help Settle Your Spouse’s Estate
While your family is grieving, we contact all of your professionals and can act as the point person to ensure that tax returns, insurance proceeds, and new trusts are created in a timely manner.
Get You Organized Next
When you become a widow, your plan changes. We can help you update your beneficiaries, trustees, and suggest strategies to help prepare if something unexpected happens to you.
Prepare and Involve Your Children
You are the expert on how involved your children should be and what your expectations are of them. We facilitate conversations with your children and help you manage the extent of their involvement.
Featured Services For Widowed Individuals
Generational Planning
Effectively pass on your legacy to those closest to you.
Estate Planning
We work closely with attorneys before your death to properly title your assets and after your death to transfer those assets efficiently to your family.
Full Plan Organization
We often see that even those who put together all the pieces of their plan still have these lingering questions.
Charitable Planning
Our firm helps you to utilize strategies that both help you give to charities and give to them in a tax-efficient manner.
“McCabe & Associates truly understands financial planning to the point that they value their customers life style and opinions. I know without George’s help in the past year I would be a mess. I have all the confidence in his ability to maintain the legacy that my husband established.”
Lynn Vercelli
This testimonial was given by a client of the financial advisor and no compensation was provided directly or indirectly. This testimonial is not a guarantee of future performance or investment success, and the testimonial may not be representative of the experience of other customers. Please visit BrokerCheck (https://brokercheck.finra.org) to see more on the background of this professional.
Widows Need To Go At Their Own Pace. Book A Call With Us Only When You Are Ready.
The first step for newly widowed individuals is to simply get organized. Book a meeting with our advisors to get direction on taking that first step.
The McCabe Difference
Our advisors become the point person who coordinates with you, your accountant, and your attorney to ensure all items are tracked and resolved in a timely manner after your spouse passes.
We get you organized before something happens to you to ensure a seamless transition of your wealth to your children.
We help guide you on engaging your children before you pass and communicating your expectations of how they should handle your estate.
We help you prioritize financial decisions so you can focus on grieving and caring for your family without feeling pressured or rushed.
We have over 40 years experience in this industry helping hundreds of families.
Schedule A Meeting
Schedule a meeting with our advisors by using our Second Opinion Service, our advisors’ Calendly links, or simply call our office main line.
Meet With Your Advisor
Meet with your designated advisor virtually or in-person to get to know each other and the rest of your family. Many times, a follow-up meeting will be beneficial so you know the value that will be provided before you become a client of the firm.
Complete Our Onboarding Process
Assuming you and the advisor see the potential for a long-term relationship, our staff will guide you through our onboarding process to set up accounts with our custodian and join our portfolio monitoring system, Black Diamond.
Frequently Asked Questions
What items do I need to address when my spouse dies?
We supply a copy of the book Details After Death to the widows we work with. It’s a great piece of literature that covers all the important items you should think about.
Should my children be involved in my planning?
We think that having a trusted child looped into your financial planning is a great way to prepare your family to handle your affairs after you pass. However, our advisors help fill that role for those widows that value privacy with their finances.