Category: Financial/Estate Planning

  • YOU ARE THE BOSS NOW!

    YOU ARE THE BOSS NOW!

    Remember when you were young, married, and full of misconceptions about your life and marriage? Previously, in our more male-dominated society, you might have believed that as the husband, you were the “boss” in the family!  Ha…Ha! Many of us eventually found what a joke that belief was! We often learned that making solo decisions…

  • Financial Advice for Widowers Planning to Remarry

    Financial Advice for Widowers Planning to Remarry

    There are many factors that can positively and negatively affect a relationship… excess baggage, shared interests, attraction and even cold feet. But when money and love collide, that gets tricky. Combining love, widowhood and wealth can be even trickier, but not impossible. Here is what I learned when I began dating again after the death of…

  • How Your Adult Children Can Stop Relying on You Financially

    How Your Adult Children Can Stop Relying on You Financially

    Read below to discover the balance of supporting your children and your bank account. Giving a hand to your adult children might look as simple as covering their phone bill, though it may be as significant as contributing to a down payment on a house. As children transition into adulthood, many may be hard-pressed to…

  • Younger Widowers and Tuition

    Younger Widowers and Tuition

    A young widow wondered: How can I ever pay their tuition? WILL BEING A PARENT ON YOUR OWN PUT YOUR CHILDREN’S FUTURE EDUCATION AT RISK? My kids’ post-secondary educations were taken care of well before my wife died. Younger solo parents may be far less prepared. When Mary passed away in 2020, my kids were…

  • Financial Decisions after Losing a Loved One

    Financial Decisions after Losing a Loved One

    It’s never easy losing a loved one. Here’s how to avoid dealing with financial struggles as well. Losing a loved one comes with more than just heartbreak. There are a series of financial struggles the survivors will have to face, many which can have severe consequences if not handled properly. Fortunately, with the proper advice…

  • Rebuilding Life After Death

    Rebuilding Life After Death

    by Mark Colgan, CFP When you’re in the midst of grief and overwhelmed by all the tasks you have to tackle after a loved one passes away, it can feel lonely and, sometimes, scary. As discouraging as it may feel at the time, there can be a good life after death. It can be scary…

  • Nine Ways To Simplify Your Life

    Nine Ways To Simplify Your Life

    WHEN DID LIFE GET SO BUSY? I’M HEARING THE MANTRA, “TOO MUCH TO DO, TOO LITTLE TIME” FAR MORE THESE DAYS.  When I became a widower, all of life’s have-to-dos seemed to double. I became a widower just before the emergence of COVID. The stress that was put on me both personally and professionally was…

  • How I Help Surviving Spouses Create a Positive Financial Future

    How I Help Surviving Spouses Create a Positive Financial Future

    By Mark Clogan, CFP In the aftermath of a spouse’s death, many surviving spouses experience periods of financial worry and uncertainty. In addition to dealing with the emotional challenge of losing a beloved partner, they are often left to contend with unwelcome financial and legal responsibilities. As a result, you may find yourself juggling new…

  • Financial Resources After Losing A Love One

    Financial Resources After Losing A Love One

    Very often losing a loved one is emotionally challenging. For some people, it is possibly the most challenging thing they will endure in their lifetime. Making matters worse, there is an added stress from the mountain of financial and administrative details that must be attended to. Payment for the funeral, the deceased’s bills, and the…

  • To Overcome Grief – One Needs to Address All Facets of Life

    To Overcome Grief – One Needs to Address All Facets of Life

    For nearly 14 years, I have dedicated my life to the service of widowers worldwide, and during that time, I have learned much about what it takes to recover from male grief.  From the widower’s mental and physical health to their financial health, ensuring their career is stable, and their relationships with their children, in-laws,…

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