Do you know what you would do if you were to suddenly become single? Whether due to death or divorce, are you prepared to take over all of the financial aspects of your life should you need to?
According to the U.S. Census statistics, 59 is the average age of widowhood. The stereotype of men as the head of the family finances is fading. However, too many middle age and senior women are not prepared to take over the financial, investing and estate planning aspects of their lives.
What you can do today
If you are in the dark about your family's personal financial and investment matters, start addressing this issue with your spouse today. At the very least, find out where all of the paperwork is located and meet the family financial and investment advisors so you know who you can go to should you need assistance.
Do you know where your will, trust and other estate planning documents are located? Do you understand them?
One smart way to educate yourself about estate planning matters is to attend a free educational seminar at a location near you. "Wills And Trusts 101: How To Avoid Probate And Other Costly Mistakes" workshops are offered on various dates in the following locations:
- Tuesday, January 30, at 2:00 p.m. in Wheat Ridge, Colorado
- Tuesday, January 30, at 6:00 p.m. in Wheat Ridge, Colorado
- Saturday, February 10, at 10 a.m. in Thornton, Colorado
Additional workshops are added to seminar offerings on a continual basis throughout the year. You owe it to yourself to be prepared for the future.