When A Loved One Dies

It’s a confusing time; there’s a lot of emotion. Unfortunately, few people have developed a roadmap. Now, you can have one.

Jim Lorenzen, CFP®, AIF®

When  a loved one dies, it can be a bit chaotic. I remember when my parents passed away, they had lived a very long and happy life.   When the time came, it wasn’t unexpected and we had plenty of time to prepare, both emotionally and financially.  This end-of-life timing scenario was predictable.

Unfortunately, that isn’t always the case.  Sometimes it can happen unpredictably.  When that happens, often there’s no plan in place – not even a roadmap.  It can wait.  We’ll do it later.

Not a good idea.

I want you to have something to work with.  You don’t have to fill-out any forms; just click on the form links and you can download them immediately.

These should provide you with the roadmap you need – you may want to print these out or save them to your hard drive – and don’t forget to get help.

Nothing beats experienced guidance.



Interested in becoming an IFG client?  Why play phone tag?  Schedule your 15-minute introductory phone call!

Jim Lorenzen, CFP®, AIF®

Jim Lorenzen is a CERTIFIED FINANCIAL PLANNER® professional and An Accredited Investment Fiduciary® in his 21st year of private practice as Founding Principal of The Independent Financial Group, a fee-only registered investment advisor with clients located in New York, Florida, and California. He is also licensed for insurance as an independent agent under California license 0C00742.  IFG helps specializes in crafting wealth design strategies around life goals by using a proven planning process coupled with a cost-conscious objective and non-conflicted risk management philosophy.

Opinions expressed are those of the author.  The Independent Financial Group does not provide legal or tax advice and nothing contained herein should be construed as securities or investment advice, nor an opinion regarding the appropriateness of any investment to the individual reader. The general information provided should not be acted upon without obtaining specific legal, tax, and investment advice from an appropriate licensed professional.

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According to Financial Planning magazine, more than 5% of school-age children are diagnosed with a disability of some type – seeing, hearing, talking, walking, or thinking; and, planning for their future can not only be complex, but demanding.  Indeed, many parents feel overwhelmed!

What makes it so difficult is that the planning isn’t only for the parents – it’s also for after the parents and caregivers are long-gone, which can be another 30 to 50 years! Continue reading