Here is an example of how we have helped our clients with their financial needs.
Carolyn’s Story
When I first met Carolyn, she was a vivacious, engaged person with an active social life. She had been widowed for a few years, and we were thinking about the potential of her eventually needing long term care. Since we are a “Fee-only” Investment Advisory firm, we do not sell any kind of insurance product, but we wanted to walk beside Carolyn to make sure she received adequate insurance coverage, so we served as her counselor during the process.
The insurance companies refused to offer her coverage because of a heart issue that she had experienced years before. We found that odd, as it did not appear that would be a trigger that would cause her to need long term care. As I thought about her options, I realized we might be able to get her some group coverage through her former employer, the Commonwealth of Virginia. At the time, she was eligible and we were able to get her excellent long term care coverage.
A couple of years later, Carolyn’s memory declined and she did require on-going care. Having the long term care insurance in place has secured her future in a facility with good care, and has also led to significant protection for her heirs, making it likely that they will be able to inherit some of their parent’s hard-earned savings.
Read more client stories to learn about how we can help.
At Summit Financial Partners, we believe strongly in personalized service that our clients can trust. Our clients’ financial success is important to who we are.
Whether you are needing help with pre-planning, organizing, and simplifying assets, managing an estate after the loss of a loved one, or diversifying your financial assets, we are here to help you.
Contact us today to find out how we can help you.
