Loss of a Loved One
Whether the loss of a loved one was expected or sudden, it can be traumatic.
In addition to the already overwhelming emotional aspect of the loss, there are financial issues that need to be addressed as well. This difficulty in working through the financial impact of a loss is often compounded by how confusing financial institutions’ forms and processes are.
We can help you clarify how to tackle these issues, and can often do most of the work for you.
Divorce
Divorce brings its own feelings of being overwhelmed and stressed.
Beyond the fallout for your family, there are financial issues to be dealt with. Often, one spouse takes care of most financial issues, and when those responsibilities fall on the spouse who was not previously very involved in the financial aspects of the relationship, it can be overwhelming.
We can help you work through these issues, get organized, and begin to think in a forward-looking manner.
Inheritance
An inheritance can be life-altering and for many there is often a different emotional tie to funds that are inherited versus saved. The nuance is important because fear of the loss of funds due to market fluctuations or poor decisions tends to be much higher than with one’s own earned funds.
It is critical to make the best decisions with inheritances that will support each person’s personal life vision.
We integrate inherited funds into your overall financial plan, helping you determine your personal highest and best use for the funds.
Inheriting Chaos with Compassion
Written by Jennifer Luzzatto, President of Summit Financial Partners
Inheriting Chaos with Compassion is an invaluable and compassionate handbook that covers power-of-attorney, executor responsibilities, and all aspects of settling an estate, while providing essential information about bank accounts, investments, and any professional service you might require.
Inspired by Jennifer’s personal experience and informed by her three decades in the financial services industry, Inheriting Chaos with Compassion will get you through the tangled financial legacy your loved one left behind.
We can help you through all of life’s transitions!
For nearly twenty years, Summit Financial Partners has been helping individuals and families reach their financial goals and enjoy the comfortable retirement lifestyle they dreamed of. No matter what you’re facing, our expert financial planners are available to help you make adjustments to your financial plan that will ensure your financial legacy remains secure.
Our offices are located just outside of Richmond in Glen Allen.
We’re here for you. Let’s have a quick conversation to learn more about each other and how we might help. Click the button below to pick a date and time that works best for you.
