Financially Ever After

What if your financial struggles aren't really about money—but about emotions you've never even considered? In this powerful and refreshingly honest episode of Financially Ever After Widowhood, Stacey Francis is joined by Erika Wasserman, one of only 100 certified financial therapists in the U.S. Together, they dive into how fear, overwhelm, shame and even childhood memories can keep you stuck in place financially. Whether you're recently widowed, divorced, or simply navigating money matters on your own for the first time, this conversation offers hope, practical tools, and a whole new way of thinking about your relationship with money. You'll hear them discuss: How 90% of our financial decisions are driven by emotion, and why understanding this can help you make better choices moving forward Why your money mindset is shaped by your background, culture, and past experiences—often without you even realising it What financial paralysis looks like, and how to gently move forward with manageable, confidence-building steps How feelings of fear, overwhelm and loneliness can stop you from taking action, and what to do when that happens Why making financial mistakes is completely normal—and how to reframe them as part of your learning journey How Erika's simple highlighter method can help you understand your spending habits and make joyful, intentional choices What a “sunshine fund” is, and how having one can create space for spontaneous joy and generosity When it might be the right time to work with a financial therapist, especially if you feel emotionally stuck or ashamed about money Resources Erika Wasserman on the Web | Email | Instagram | LinkedIn Pre-order ''Conversations with Your Financial Therapist'' on Amazon Stacy Francis on LinkedIn | X(Twitter) | Email FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

In honor of Financial Literacy Month, we're revisiting one of our most powerful episodes of Financially Ever After: Widowhood, a conversation that underscores why financial knowledge is essential, especially during life's most difficult transitions.   You'll hear from Kathy Gleason, a widow, author, and host of the podcast As I Live and Grieve. Kathy shares her deeply personal journey of navigating grief and the overwhelming financial aftermath that followed the loss of her husband.   This episode is a powerful call for women to not just be emotionally prepared, but financially informed. Are you struggling to cope with the loss of a spouse and the financial challenges that come with it? In this episode of Financially Ever After Widowhood, host Stacy Francis speaks with Kathy Gleason, an author and grief support expert with a deep understanding of the struggles that come with losing a spouse. Kathy is also co-host of the As I Live and Grieve podcast. Kathy details her personal journey of loss, including the challenges of managing the paperwork and red tape that come with it. She also shares valuable insights and practical advice on how to navigate the financial challenges of widowhood. Losing a spouse is a complex and devastating loss that brings many unique challenges, including the loss of future plans and the added responsibility of managing all the paperwork and red tape that come with it. It's important to surround yourself with supportive people who understand what you're going through and can offer emotional and practical support. If you are not the partner who manages the finances, it's important to make yourself aware of what accounts and assets you have in case you need to take over in the future. It's common for married couples to not make long-term financial decisions together, but this can leave one partner at a disadvantage if they need to take over after a spouse's passing. Prioritizing tasks and taking care of practical matters can help you begin to work on yourself and heal after a loss. Resources Kathy Gleason Facebook | Instagram Email: info@asiliveandgrieve.com  As I Live and Grieve Stacy Francis on LinkedIn | Twitter Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

What if doing absolutely nothing during a market downturn was actually the best financial move you could make? In this episode of Financially Ever After, Stacy Francis sits down with Matt Haertzen - Chief Investment Officer at Francis Financial - to dive deep into how to handle market volatility without letting fear drive your decisions. When markets dip, it's easy to panic, but Matt and Stacy highlight how staying calm and sticking to your investment plan can help you not just weather the storm, but come out ahead. They explore the importance of staying invested through the ups and downs, how to avoid making emotional mistakes, and why focusing on the long-term can ultimately be more rewarding. In a world full of uncertainty, it's more important than ever to know how to make smart decisions that will benefit your future, even if the road to get there feels a little bumpy. You'll hear them discuss: Why reacting emotionally during a market drop could cost you more in the long run and why staying calm is key Why markets have historically bounced back and why it's essential to focus on the bigger picture, especially when things feel uneasy The importance of staying invested for the long haul and how volatility can be an opportunity if you're prepared How strategies like tax-loss harvesting and Roth conversions can actually work in your favor when markets are down The psychological impact of market swings and how to manage your emotions to avoid costly mistakes Simple yet effective steps to manage your finances during uncertain times without sacrificing your goals Why diversification is crucial and how expecting every part of your portfolio to perform perfectly all the time is unrealistic Real-life insights into why reacting to market drops, like during the 2008 financial crisis, can leave you worse off in the long run Resources Matt Haertzen on the Web | LinkedIn Stacy Francis on LinkedIn | X(Twitter) | Email FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

Is skimping on employment taxes worth the risk? Think again! The IRS is watching, and the consequences could be severe. From personal liability to potential criminal charges, tax attorney Megan Brackney breaks down what you must know about payroll tax compliance—and what happens if you get it wrong. Think an IRS notice is something you can ignore? Not so fast. Failing to respond could mean escalating penalties, wage garnishments, or even asset seizures. Failing to pay your taxes—or even unknowingly making mistakes—can lead to serious consequences. In this episode of Financially Ever After Widowhood, Stacy Francis sits down with Megan Brackney, a leading tax controversy attorney, to unpack the dangers of employment tax issues, IRS audits, and how to handle tax troubles before they spiral out of control. Whether you're a business owner, someone dealing with tax issues from a former spouse, or just trying to stay on the right side of the IRS, this episode is packed with invaluable insights and actionable advice. You'll hear them discuss: Why employment tax fraud is taken more seriously than personal tax evasion – When you withhold payroll taxes, you're holding money in trust for your employees and the government. Failure to pay is viewed as theft, making it one of the IRS' top enforcement priorities. The IRS' six-year (or even unlimited!) statute of limitations on tax fraud cases – Just because you haven't been caught yet doesn't mean you're in the clear. The IRS has years to investigate, and in cases of fraud, there's no time limit at all for them to come after you. How unpaid payroll taxes can personally impact business owners, CFOs, and controllers – The IRS can go after individuals within a business under the responsible person penalty, making them personally liable for unpaid taxes. If you're in a leadership role, you must ensure payroll taxes are properly handled. The real-life regrets of those who got caught—and why it never pays off – Megan shares stories from 20+ years in tax law, revealing how every client who thought they could outsmart the IRS deeply regretted it once they faced penalties, legal fees, and sleepless nights. Innocent Spouse Relief—what it is and how it can protect you from a former spouse's tax mistakes – If you're facing tax liabilities from an ex-spouse's wrongdoing, you may not have to pay. Learn what qualifies for Innocent Spouse Relief and how to apply. Practical steps to take if you receive an IRS notice (hint: open it, don't panic!) – Ignoring IRS letters only makes things worse. Megan explains how to read your notice, understand what's being asked, and take action before penalties escalate. How to communicate with the IRS to avoid aggressive collection tactics – Many people fear bank levies and wage garnishments, but staying in contact with the IRS and showing good faith can often prevent the harshest consequences. Taxpayer rights you didn't know you had – The U.S. has strong taxpayer protections, but many people don't realize what they're entitled to. Megan covers important rights, including appeal options, installment agreements, and offers in compromise. Why procrastination makes tax problems exponentially worse – The longer you wait, the more interest and penalties pile up. Megan shares key steps to take immediately if you suspect a tax issue, even if you can't afford to pay the full amount. How tax issues can impact your financial future, credit, and even your passport – Owing the IRS isn't just a money problem—it can affect your ability to get business loans, travel, and plan for retirement. Learn how to mitigate long-term consequences. Resources Megan Brackney on the Web | LinkedIn Stacy Francis on LinkedIn | X(Twitter) | Email FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

How do you navigate the overwhelming challenges of supporting a loved one dealing with mental illness or substance abuse when the systems meant to help are failing? And how can you be sure you're making the right choices when it feels like everything is stacked against you? In this powerful episode of Financially Ever After, Stacy Francis sits down with Lisa Herman, a seasoned mental health attorney who guides families through some of life's most difficult situations—mental health crises, substance abuse struggles, and complex family dynamics. Lisa shares her personal journey and professional insight, revealing the emotional and legal challenges that families often face. Together, they discuss the crucial resources and strategies that can make a difference when dealing with a loved one's mental health or addiction issues. Lisa's experience gives a unique perspective on how to act quickly, thoughtfully, and with care in times of crisis. You'll hear them discuss: The challenges of navigating mental health and substance abuse systems, and why it often feels like families are flying blind without proper guidance. Lisa's personal journey of losing her husband to cancer and how it shaped her understanding of crisis and family support. The importance of acting quickly and seriously when a loved one expresses harmful intentions, and how to identify when immediate intervention is needed. The legal mechanisms available to families, including guardianship, Kendra's Law, and the assisted outpatient treatment law to help manage loved ones with severe mental illness. How to avoid enabling destructive behavior while still showing love and support for a family member going through a crisis. The delicate balance between helping someone get the treatment they need while preserving family relationships and communication. Practical advice for reaching out to the right resources, including psychiatric case managers, security personnel, and legal professionals who can step in during critical moments. Resources Lisa Herman on LinkedIn | Email I Phone: 914-607-7010 Stacy Francis on LinkedIn | X(Twitter) | Email FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

Are you really prepared for solo aging? Have you thought about who will care for you as you get older? What about where you'll live, how you'll afford care, and who will manage your finances if you're unable to? Too many people wait until an emergency forces them to make these decisions, but planning ahead can give you control over your future and peace of mind. What if you could make choices now that ensure your later years are filled with security, independence, and dignity? In this episode of Financially Ever After, Stacy Francis is joined by Marni Blank, founder of Begin With The End, to discuss the essential steps solo agers (and everyone else!) should take to prepare for the future. From financial planning to housing choices to organizing your digital life, this conversation is full of critical insights. You'll hear them discuss: A powerful way to leave a legacy through handwritten letters and how this simple but meaningful act can create deep connections that last beyond a lifetime. Solo aging realities and why it's crucial to proactively plan for healthcare, housing, and financial needs before unexpected circumstances force rushed decisions. The importance of choice in aging and how making key decisions early allows you to maintain control, rather than having others step in when it may be too late. Where you will live as you age, whether staying in your home, moving to assisted living, or considering other options, and how to determine the right fit for your needs. Financial planning for long-term care, breaking down the true costs, what options exist, and why starting early can make all the difference in affording quality care. The digital side of aging, including organizing passwords, documents, and financial accounts so your loved ones aren't left struggling to access important information. Why waiting lists matter when choosing senior living communities and how long delays in availability could leave you scrambling for a less ideal option in an emergency. Resources Marni Blank on the Web | LinkedIn | Instagram | Email Free Plan Well Organizer Free Legacy Project Ideas Stacy Francis on LinkedIn | X(Twitter) | Email FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

When facing the loss of a loved one, is there anything worse than being blindsided by legal battles and financial chaos? The last thing you need while grieving is to be buried under probate paperwork, unexpected family conflicts, or financial uncertainty. In this episode, Stacy Francis speaks with grief coach Claire Schwartz about how to prepare ahead of time so that loss doesn't turn into a crisis. They discuss the importance of trusts, delaying big financial decisions, and leaning on the right professionals to help you navigate both grief and financial security with clarity and confidence. Claire also shares insights on managing family conflicts that may arise after a loss and how to approach them with a clear mind and a steady heart. You'll hear them discuss: How probate can be costly and emotionally draining, and why setting up a revocable trust can help assets pass smoothly without legal disputes. Why grief can cloud judgment and the importance of delaying major financial decisions, like selling a home or changing investments, until you're emotionally ready. The role of self-care in maintaining both mental and financial clarity—why staying hydrated, eating regularly, and getting rest is non-negotiable during grief. How breaking legal and financial matters into small, manageable steps can help prevent overwhelm and keep you in control. The benefits of seeking professional guidance from estate attorneys, financial advisors, and grief coaches to bring clarity and peace of mind. Why having a neutral, outside support system—whether a professional, friend, or therapist—can help process emotions and navigate difficult family dynamics. The reality that grief is a long journey, and how thoughtful planning and the right support can make it smoother and less overwhelming. How to handle family conflicts over assets or decisions with preparation, boundaries, and professional support to maintain peace. Resources Claire Schwartz on the Web | LinkedIn | Facebook | Email: miriamswellhealing@gmail.com or youcanhealyourgrief@gmail.com  Phone: 973-826-2682 Book: Putting out the Fire by Claire Schwartz Schedule a No-Cost Client Consultation Fearless Grieving to Fearless Living 3-Month Portal Program Organizational Support Stacy Francis on LinkedIn | X(Twitter) | Email: stacy@francisfinancial.com  FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

After losing a spouse, how do you regain financial confidence and ensure long-term security? Losing a spouse can leave widows feeling overwhelmed, especially when it comes to finances. But taking control doesn't have to be daunting—it can be empowering. In this episode, Stacy Francis and Natalie Colley share five key financial resolutions to help widows navigate money decisions with confidence in 2025. From understanding cash flow to making smart investment choices, they break down practical steps for creating financial security and peace of mind. You'll hear them discuss: Why estate planning mistakes can be costly and how to choose the right executor and attorney to avoid complications. How tracking cash flow (rather than strict budgeting) helps widows feel more in control and prepared for financial changes. The 50/30/20 rule as an easy framework for balancing needs, wants, and savings, ensuring a sustainable spending plan. Helpful budgeting tools like You Need a Budget and Good Budget to simplify tracking expenses without feeling overwhelmed. Why reviewing your investment portfolio is crucial after a spouse's passing and how to ensure it aligns with your new financial needs. The hesitation many widows feel about managing investments and how taking control of their portfolio leads to greater financial empowerment. Why 80% of widows leave their late spouse's financial advisor and how to find a fiduciary, fee-only, independent advisor who truly supports your goals. Studies and data - studies show a widow's income drops on average by 35% after the loss of a spouse, 56% of widows feel less financially secure after their spouse passes away and 80% of widows leave their husband's financial advisor within one year, often due to feeling unheard or not involved in the relationship. Key financial decisions that need attention sooner rather than later, including tax-saving opportunities widows should be aware of. Resources Natalie Colley on the Web | LinkedIn Recommendations Fee Only Network | NAPFA | Five Financial Resolutions for Widows 2025 | YNAB | Good Budget Stacy Francis on LinkedIn | X(Twitter) | Email FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

Ever wondered if there's a secret recipe for reducing your tax burden without sacrificing your long-term financial health? Could your estate planning be leaving money on the table? In this episode of Financially Ever After, Stacy Francis is joined by the brilliant Dahemia Grant, CPA and tax expert, to unravel the intricacies of tax planning and estate strategies. From the basics of income taxes and capital gains to the more complex topics like estate taxes and inheritance planning, Dahemia walks us through strategies that can help you optimize your financial future—whether you're a female entrepreneur or someone navigating personal tax scenarios. With practical advice and a clear focus on the green zone of financial health, Dahemia ensures that you don't have to do it alone when it comes to taxes and estate planning. You'll hear them discuss: How understanding tax planning can make a huge difference in your financial future, particularly the difference between income taxes, capital gains, and how each affects your investments. Dahemia explains how proactive planning can help reduce your overall tax burden and maximize your wealth. The importance of estate and inheritance tax planning, and why it's crucial to understand how your estate will be taxed when it's passed down. Even if you think your estate is far from the $13.6 million threshold, Dahemia reveals why filing an estate tax return may still be beneficial to capture exemptions that would otherwise be lost. The "portability provision," which allows the surviving spouse of an estate to use the unused portion of the deceased spouse's estate tax exemption. This little-known rule can provide a significant benefit by increasing the amount a surviving spouse can pass on tax-free, potentially saving millions. How different states have vastly different estate tax rules and exemption limits, and why it's critical to be aware of these when making estate planning decisions. Dahemia highlights examples like New York's lower exemption levels and explains why some people choose to relocate to states with more favorable tax policies, like Florida. Why building a team of professionals—including an accountant, tax advisor, and financial planner—can make all the difference when navigating the complexities of taxes, estate planning, and wealth management. You don't have to go it alone, and Dahemia emphasizes the value of having the right support system. The strategy of gifting assets during your lifetime to reduce your taxable estate. Dahemia discusses how this can be a powerful tool, especially for those concerned about estate taxes, but also explains how to balance gifting with the need to maintain financial security for yourself. Resources Dahemia Grant on LinkedIn I Web Email: dgrant@dsgadvisorycpa.com Phone: 917-309-8574 Stacy Francis on LinkedIn | X(Twitter) Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

What if learning to say “no” could be the most powerful form of self-care you ever practiced? In this inspiring episode of Financially Ever After, Stacy Francis chats with Debbie Weiss, author of On Second Thought, Maybe I Can and The Sprinkle Effect, about the power of setting boundaries, prioritizing self-care, and living with greater intention. Debbie shares her personal journey of caregiving while pursuing her own growth, offering practical advice for anyone feeling overwhelmed or stretched too thin. You'll hear them discuss: Why saying "no" can be one of the most powerful forms of self-care, especially for caregivers, people-pleasers, and those who feel stretched too thin. Debbie explains how to recognize when it's time to decline requests — and how to do it without guilt. How the 24-hour rule for commitments can stop you from over-scheduling yourself. Instead of agreeing on the spot, Debbie suggests giving yourself space to reflect on what truly aligns with your priorities. Why self-care isn't just massages and manicures. Debbie's decision to learn something new during a caregiving crisis led to an unexpected sense of fulfillment and purpose. She shares how learning and growth can be a powerful form of self-care. The hidden cost of attending social events you don't want to go to. If you've ever said "yes" to a dinner only to regret it the moment you arrive, you'll relate to Debbie's story. Learn how to gracefully say no and avoid the "why did I agree to this?" feeling. How to live intentionally, even when life is chaotic. Debbie shares how she committed to writing her book during one of the most challenging times of her life. Her story shows that even in tough seasons, small, consistent steps can lead to big results. Why taking care of yourself is the opposite of selfish. Debbie reminds us that if you burn out, the people who rely on you suffer too. Her advice will reframe the way you think about self-care. How to break free from people-pleasing tendencies. If you struggle to say no because you don't want to disappoint others, Debbie's simple strategies — like not over-explaining your "no" — will give you a new perspective. An inside look at Debbie's new books, The Sprinkle Effect and its companion workbook. These hands-on tools offer exercises and reflections to help you create a more colorful, fulfilling, and intentional life. Resources Debbie Weiss on the Web | LinkedIn | Facebook | Facebook Group | Instagram | TikTok | YouTube | Maybe I Can Podcast | Email Debbie's Books: The Sprinkle Effect Book, On Second Thought…Maybe I Can Stacy Francis on LinkedIn | X(Twitter) | Email FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

Welcome to Financially Ever After Widowhood. As we're in the heart of the holiday season, we know this time of year can bring both cherished memories and difficult emotions, especially for widows navigating loss. Today, we're bringing back one of our most impactful episodes from last year, featuring Cognitive Behavioral and Grief Coach Jordan Schwartz Hendin. We hope this special replay offers comfort, guidance, and a reminder that you're not alone. Thank you for tuning in, and we wish you peace and support this holiday season. Let's revisit this incredible episode. Jordan draws from her personal experiences with grief, having lost her own mother at a young age and supporting her widowed grandmother through multiple losses. Now a professional coach, she works with women struggling with grief and major life transitions. In this week's show, Jordan and Stacy explore handling loss and loneliness, honoring traditions, and staying financially sound. The holidays can bring up complex emotions such as sadness, anger, and loneliness. This is normal after a major loss. Avoid unhealthy coping strategies like becoming an "isolator" or "doer." Don't overcommit to events or hide away alone. Reflect on your core values. Focus on traditions that align with what matters most, like family time. Make new memories and experiences, especially with children. Gift experiences rather than material items. Have open conversations with family about your grief. Don't pretend to be okay if you're not. Manage your finances by focusing on your values, not material possessions. Stick to a budget for holiday gifts and activities. You don't have to navigate the holidays alone. Seek support from family or a grief counselor during this difficult time. Resources Jordan Schwartz on Website | Instagram | Email | Phone: 917-947-6037   Stacy Francis on LinkedIn | X(Twitter) Email: stacy@francisfinancial.com FrancisFinancial.com   Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

How can you navigate the emotional complexities of the holiday season, set financial boundaries, and plan for a secure financial future after the loss of a spouse? In this insightful episode, Kim Murray, founder of Widow411, shares valuable financial strategies and emotional insights for widows. She discusses how to handle holiday spending, set healthy financial boundaries, and plan for long-term financial goals, all while coping with the challenges of grief. You'll hear them discuss: The emotional pressure to overspend during the holidays and making clear boundaries around gift-giving and social events are crucial. By being intentional about your spending, you can avoid financial stress and emotional burnout during a challenging time. How material gifts or excessive spending cannot heal emotional pain. Kim encourages widows to be mindful of emotional spending during the holidays and to focus on meaningful ways to celebrate without breaking the bank. The importance of "paying yourself first." By automating savings (such as maxing out your 401(k) or contributing to an emergency fund), you ensure that your financial goals are a priority, even before paying other bills. This sets a solid foundation for long-term security. Having separate accounts for specific purposes—such as travel or holiday spending - gives you peace of mind. It helps keep track of your funds and ensures that you don't overextend yourself financially while trying to fund multiple priorities. Planning for future expenses like car maintenance and retirement. Breaking down long-term financial goals into manageable chunks, like setting aside money for a Roth IRA or emergency savings, makes them feel more achievable. The importance of having an emergency fund to avoid relying on credit cards when unexpected expenses arise. This is an essential step in gaining control over your finances and avoiding unnecessary debt. Funding an HSA and how HSAs can be a valuable tool for saving money for medical expenses. HSAs grow tax-free and can also be used in retirement, making them a flexible savings option. Resources Kim Murray on the Web | LinkedIn | Instagram | Pinterest | Email The Ultimate Survival Guide for Widows - helps widows manage and complete the crushing list of to-dos after a spouse dies. It offers step-by-step instructions for essential tasks like managing finances, closing accounts, and navigating Social Security benefits, taxes, and insurance. Practical tools like fillable templates, checklists, and worksheets to simplify complex tasks empower widows to take control and get things done. Stacy Francis on LinkedIn | X(Twitter) | Email FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

What steps can you take to prepare for potential tax changes and secure a financially stable future? In this episode of Financially Ever After Widowhood, Stacy Francis sits down with tax expert Deborah Schaub to break down the complexities of the Tax Cuts and Jobs Act and share actionable strategies to maximize savings and navigate tax planning in a rapidly shifting economic landscape. From understanding current laws to preparing for future uncertainties, this conversation equips you with the tools to make smarter financial decisions today. Listen in as they discuss: Key provisions of the Tax Cuts and Jobs Act, how they impact individuals and business owners, and what might change in the coming years. Why Roth IRA conversions are powerful tools for tax-free growth and how to use them strategically. The importance of analyzing your tax bracket to avoid costly mistakes, such as unexpectedly higher taxes or penalties. Capital gains tax rates: what they are now, what could shift, and how to plan for potential increases. How inflation continues to bite into budgets and the role taxes play in financial planning. Balancing today's tax advantages with future uncertainties through effective tax deferral or realization strategies. Proactive tax planning tips for individuals and small business owners to save money now and minimize risks later. Resources Deborah Schaub on LinkedIn | CNB Accounting Website Phone: +201-787-6542 Email: cfo@deborahschaub.com Stacy Francis on LinkedIn | X(Twitter) Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today! TCJA Overview: IRS tax reform

What rights do families truly have when a loved one's death might have been preventable? In this insightful episode of Financially Ever After, Stacy Francis sits down with Mary Beth Heiskell, a seasoned legal expert in wrongful death cases, to unravel the often-hidden financial and legal challenges families face when tragedy strikes. From the rights of estranged family members in estate claims to practical tips on managing assets and legal appointments, Mary Beth shares indispensable guidance to help families protect their financial future and avoid common pitfalls. Listen in as they discuss: How estate rights can affect you. For example, New York state law grants parents, including estranged ones, a potential share of the estate in certain cases, impacting surviving spouses and heirs. When a spouse wants to serve as the estate administrator, certain family members, such as estranged parents, may need to formally approve the appointment. Planning these steps in advance can help avoid disputes and smooth the process for surviving family members. Steps for proactive asset management, such as transferring ownership of specific assets—such as vehicles, firearms, or real estate—before a loved one's passing can greatly simplify the estate process for survivors. Navigating the complex landscape of wrongful death and estate administration requires specialized knowledge, making expert assistance essential to avoid costly mistakes. Resources: Mary Beth Heiskell on LinkedIn  Email: mbheiskell@gmail.com and info@healthcarepathfinder.com NY - Advance Directories - Make your wishes known and honored NY - Appoint your healthcare proxy 9.11 World Trade Centre Health Program WTC Victim Compensation Fund Stacy Francis on LinkedIn | X(Twitter) Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

Can prioritizing your health make you more financially secure? In this episode of Financially Ever After Widowhood, Stacy Francis speaks with Dr. Gina Williams, a physical therapist and advocate for holistic well-being, about how wellness influences every aspect of our lives, including finances. Together, they explore practical ways to prioritize health and wellness, discussing affordable care options, the impact of stress on the body, and the importance of self-care. Listen in as they talk about: Gina shares the link between health and wealth with her holistic approach, emphasizing the connection between wellness and financial stability. She discusses founding her own practice to offer individualized care tailored to each client's unique needs. Gina and Stacy explore how grief and stress can lead to physical pain and why self-care is crucial, especially during challenging times. Gina highlights ways to make physical therapy accessible, with insurance, telehealth, and flexible scheduling options. For those feeling overwhelmed, Gina provides simple ways to incorporate movement into daily life, showing that even a few minutes of exercise can have meaningful benefits. Gina discusses the importance of establishing boundaries at work and in personal life to protect both physical and mental health, especially when dealing with grief or stress. She shares how small, consistent adjustments to daily routines—like posture corrections and mindful breathing—can lead to significant long-term improvements in physical well-being. Resources: Dr. Gina Williams on Website I Physical Therapy I LinkedIn I Podcast | YouTube | Instagram | Facebook Email: DrGina@mobilityhealthpt.com I +516-715-2601 Stacy Francis on LinkedIn | X(Twitter) Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

How to Support Grieving Loved Ones Are you struggling with grief and seeking support? In this episode of Financially Ever After Widowhood, Hope Reger, a passionate advocate for those experiencing loss, shares her journey and insights on coping with grief with Stacy. She highlights the importance of recognizing the unique challenges that come with grieving and emphasizes the value of genuine connection and support. As the founder of Grief 2 Hope, she provides resources and a safe space for individuals to navigate their grief journey.  Hear them discuss: Understanding Grief: Grieving is a deeply personal experience, and acknowledging it can be the first step toward healing. Authentic Support: When helping someone who is grieving, honesty matters—simply saying, "I don't know what to say, but I'm here for you," can be incredibly powerful. Casserole Therapy vs. Specific Help: While well-meaning friends may offer food, true support comes from specific offers to help, like picking up kids or walking the dog, rather than leaving the burden on the grieving person to ask for help. The Importance of Ongoing Support: Grief doesn't end after the funeral. Continuing to reach out during significant milestones—like anniversaries or the first day of school—can mean the world to someone navigating loss. Grief to Hope Program: Open to anyone grieving, this seven-week virtual program provides a supportive community. It covers various topics related to grief and allows participants to share their experiences in a safe space. Inclusivity of Loss: The program welcomes those grieving any loss, whether it be a partner, child, or friend, emphasizing that all grief is valid. Free Resources: The Grief to Hope program is entirely free, emphasizing the mission to support anyone in need without financial barriers. Resources: Hope Reger on LinkedIn | Website | Facebook | Instagram Grief 2 Hope on LinkedIn | Facebook Phone: 937-768-1459  Email: grief2hope2020@gmail.com ''Grief 2 Hope - A mother's memoir of devastation to determination'' by Hope Reger Stacy Francis on LinkedIn | X(Twitter) Email: stacy@francisfinancial.com Stacy Francis on LinkedIn | X(Twitter) Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

Are you maximizing your tax strategies to avoid costly pitfalls? In this episode of Financially Ever After Widowhood, financial expert, Deborah Schaub, shares with Stacy Francis crucial insights into effective tax planning. With a background working for Fortune 500 companies like Price Waterhouse and IBM, Deborah founded CNB Accounting in 2016 to provide personalized financial advice. She emphasizes that many accountants focus on form-filling rather than strategic planning, a gap she addresses through comprehensive tax planning. Deborah's philosophy is simple yet profound: truly understanding your finances is key to avoiding unnecessary losses. Planning for today, next year, and the future can help reduce tax burdens and prepare for financial changes. A 3.8% tax affects high earners (above $200,000 for singles) at federal, state, and potentially city levels; strategic portfolio management can help minimize this tax. Surviving spouses may face higher taxes due to changes in their filing status; careful planning can mitigate the impact. Coordinated planning with financial advisors and CPAs can significantly reduce tax liabilities and manage higher marginal tax rates, especially important for surviving spouses. Net investment income tax is often underreported, but it can result in significant costs if not managed properly. As income increases, especially for surviving spouses, higher marginal tax rates can exacerbate financial burdens. Charitable deductions and bunching strategies are effective ways to reduce taxable income. Many accountants focus on form preparation rather than strategic planning; proactive tax planning can offer substantial savings. Staying within legal tax boundaries is crucial, but smart planning can still significantly reduce tax liabilities. Women facing divorce or the loss of a spouse often need to change accountants to find someone who listens to their unique financial needs. Understanding taxes and personal finances is key to making informed decisions and avoiding unnecessary financial losses. Resources: Deborah Schaub on LinkedIn Phone: +201-787-6542 Email: cfo@deborahschaub.com  CNB Accounting Website  Stacy Francis on LinkedIn | X(Twitter) Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

Solo agers, people without traditional family supports, are an increasingly common demographic. Dr. Gerda Maissel, a private patient advocate, joins Stacy Francis on Financially Ever After Widowhood to discuss the challenges solo agers face, especially in navigating the healthcare system. Dr. Maissel's expertise as a physician has led her to help individuals maximize medical relationships and make informed decisions. She emphasizes the importance of preparing for solo aging ensuring access to financial, medical, legal, and mental health resources to maintain quality of life as one ages without family support. Key points: Solo Aging: Discusses the growing demographic of solo agers—those aging without traditional family support. Healthcare Navigation: Dr. Gerda Maissel helps solo agers navigate complex healthcare systems, translating medical jargon, and advocating for better outcomes. Informed Decision-Making: Importance of preparing for solo aging, including how to ask the right questions and make informed decisions. Challenges of Solo Aging: Covers the risks solo agers face such as depression, poor nutrition, and substance abuse. Building Support Networks: Advice on creating reciprocal relationships and securing medical, financial, and legal resources. Financial Planning: Addresses the financial challenges of aging, particularly for single women, and the need to plan for healthcare costs. Patient Advocacy: Dr. Maissel explains the role of a patient advocate in helping individuals navigate their medical needs and coordinate care. Resources: My MD Advisor Website | Email | Facebook Dr. Gerda Maissel on LinkedIn | The Foglight Stacy Francis on LinkedIn | X(Twitter) Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

The team at Financially Ever After is taking a brief summer pause to line up an amazing new series of guests for you in the fall. So relax, enjoy the end of the summer, and if you have some time, catch up on any episodes you've missed! You'll find the entire archive at FrancisFinancial.com/Podcast. We'll be back on September 17th.

Paula Jones, a trust and estate attorney, discusses the complexities of estate planning and taxation for U.S. citizens with international assets or family members abroad. She highlights the U.S. system of taxing worldwide income and assets, in contrast to other countries' residency-based taxation. Paula also talks about other subjects she specializes in - gifting to foreign beneficiaries, managing dual jurisdiction tax laws, and considerations for U.S. citizens living or retiring abroad. The importance of coordinated legal counsel across different countries to navigate these issues efficiently is emphasized. Tune it to the new episode of Financially Ever After Widowhood podcast, where host Stacy Francis and guest Paula Jones, unravel the subtleties of tax systems worldwide. The U.S. taxation system requires citizens to report and pay taxes on their worldwide income and assets, regardless of their residency status. Estate planning becomes more complex for individuals with international assets or foreign family members due to varying laws and regulations across countries. When gifting assets to non-U.S. citizens, it's crucial to understand the tax implications and regulations that affect such transfers. Navigating dual jurisdiction tax laws is essential for U.S. citizens with international ties, as they must comply with tax regulations in multiple countries. U.S. citizens living abroad need to be aware of key financial and legal considerations, including tax obligations and estate planning while residing or retiring outside the U.S. Trusts and estate planning tools can be used to effectively manage and protect assets across borders, providing solutions for international asset management. Coordinating legal counsel across different countries is vital for handling complex estate and tax issues effectively. International tax treaties play a significant role in reducing double taxation and simplifying cross-border estate planning. Ensuring compliance with both U.S. and foreign tax regulations is essential to avoid legal complications and financial penalties. Seeking expert advice is crucial for navigating the complexities of international estate planning and taxation successfully. Resources: Paula Jones on LinkedIn Email: Paula@JonesEstateGroup.com Jones Estate Group - Paula is admitted to practice law in the States of New York, New Jersey, and Pennsylvania however, she is happy to entertain working with clients from other states Phone number: +1 484 680 1143 Stacy Francis on LinkedIn | X(Twitter) Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

When faced with a terminal illness diagnosis, your emotions can be overwhelming. You still need to navigate the legal aspects, however, to ensure that you and your loved ones are protected. Stacy Francis' guest this week is Alison Arden Besunder, a partner in charge of the Trust and Estates department at Goetz Fitzpatrick. Alison has extensive experience in guardianship and estate litigation. She joins Stacy to discuss end-of-life planning, including steps to take when the timeline is limited. Stacy and Alison delve into navigating the healthcare system, and the importance of having critical documents in place to convey your medical wishes clearly.  Highlights from this episode: Ensure you have a healthcare proxy and living will in place to appoint someone as your medical decision-maker and provide evidence of your end-of-life intentions. Discuss end-of-life decisions openly with your loved ones, promoting a foundation of good communication to handle high-stress situations effectively. Even with your best efforts, you may feel helpless when dealing with a loved one's illness, but remember that your support and care are invaluable during these challenging times. Avoid burnout as a caregiver by setting boundaries and not taking on more than you can handle. Seek support from therapists to manage the emotional burden effectively. Find the right caregivers for your loved one by tapping into resources like personal needs guardians or geriatric care managers who can connect you with experienced aides. When navigating end-of-life care decisions, ask questions and advocate for your loved one to ensure the best possible care and treatment options. Bioethics committees in hospitals can offer support and assistance in decision-making, especially in challenging end-of-life care situations. They can help translate medical jargon and provide guidance to both physicians and families. Even without a living will, there are other forms like MOLT (Medical Options for Life Sustaining Treatment) or PULST (Physician Orders for Life-Sustaining Treatment) that can be used to make end-of-life decisions in a hospital setting. Navigating end-of-life decisions for pets also requires careful consideration, and sometimes there may be disagreements between family members on the best course of action. For anyone facing end-of-life care decisions or other financial challenges related to medical care, seeking guidance from financial advisors can be crucial to manage expenses and make informed choices. Resources Alison Arden Besunder on LinkedIn | Facebook | Twitter Goetz Fitzpatrick | LinkedIn Phone: 212-695-8100 x289 Stacy Francis on LinkedIn | Twitter Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

This week on Financially Ever After Widowhood, you'll enjoy a powerful crossover episode with the Modern Family Matters Podcast. Stacy Francis joins Steve Altishin, Director of Client Partnerships at Pacific Cascade Legal, to dive deep into the intricacies of social security laws and how they impact widowed parents. Stacy and Steve discuss the financial complexities of widowhood, understanding eligibility criteria, and maximizing benefits for yourself and your family. Together, they unravel the nuances of Social Security laws and will empower you to take control of your financial future. Understanding the eligibility criteria for social security benefits as a widowed parent is crucial for financial planning after the loss of a spouse. Maximizing earnings during work years is key to ensuring a stable financial future, especially for women who may face financial challenges after the death of a spouse. The complexities of social security laws can impact widowed parents, making it essential to seek expert advice to navigate the intricacies of survivor benefits. The financial implications of divorce on survivor benefits highlight the importance of seeking legal advice before making decisions that could impact future financial security. Delaying social security benefits can have advantages, but it's essential to understand the implications of different benefit options to maximize financial support after the loss of a spouse. Advocacy for policy changes to improve survivor benefits for widows and widowers is crucial to address the financial challenges faced by those who have lost a spouse. Resources Steve Altishin | LinkedIn | Pacific Cascade Legal Stacy Francis | LinkedIn | X(Twitter) Email: stacy@francisfinancial.com

Are you prepared for the financial complexities of widowhood? In this episode, Stacy Francis and Judy Heft, a financial and lifestyle concierge, discuss essential steps to take after the loss of a spouse. From assembling a support team to navigating benefits like social security and veterans' benefits, you'll have a roadmap to help guide you through this challenging transition. They also discuss invaluable topics like managing grief, collecting essential documents, and accessing resources like Savvy Ladies to empower women in their financial journey. Building a strong support team, including professionals like estate planning attorneys, financial advisors, and therapists, is crucial for navigating the complexities of widowhood. Collecting essential documents such as death certificates, social security cards, wills, and financial account details is a critical step in managing the financial aftermath of losing a spouse. Utilizing resources like va.gov and ssa.gov can help widows understand and access benefits they may be entitled to, such as veterans' benefits and social security survivor benefits. Leveraging the help of friends and family to inform various institutions and cancel subscriptions can alleviate the burden of administrative tasks during a time of grief. Recognizing the importance of financial empowerment for women, organizations like Savvy Ladies offer valuable resources and support to help women take control of their financial futures. Embracing the role of a positive role model for children and future generations can inspire resilience and financial independence in the face of adversity. Resources Judy Heft | LinkedIn | Savvy Ladies Stacy Francis | LinkedIn | X(Twitter) Email: stacy@francisfinancial.com

What does the word widow mean to you? This is a question today's guest thinks we should all be asking because it could use a new definition. In this Financially Ever After Widowhood episode, Stacy Francis speaks with Eloise Bune D'Agostino, the founder of DayNew, a company and community to support people through life-changing events. They discuss the challenges and transformations of life after losing a spouse and how Eloise turned her grief into a powerful support network for others. Key Takeaways: The word widow has very dark and heavy connotations, but it should also represent strength, resilience and independence. Eloise shares the story of how, after unexpectedly losing her husband, she connected with another new widow and created a tech company to help others navigate similar situations. Support systems play a huge role in navigating grief. Grief groups can make a profound difference for people. Losing a spouse means a lot of practical changes need to be made, even though taking action cab be incredibly difficult. Organizational aids can make it a little more manageable. Explore how to keep the memory of loved ones alive through personal and family rituals and storytelling. Everyone has their own grief journey, and there is no one single way to navigate it. Get insights into creating a supportive community and accessing professional financial advice. Resources Eloise Bune | LinkedIn | Facebook | Instagram Email: eloise@daynew.com DayNew  Stacy Francis | LinkedIn | X(Twitter) Email: stacy@francisfinancial.com

What if you could uncover free money that is rightfully yours? In this episode of Financially Ever After, host Stacy Francis unveils the hidden world of unclaimed funds with guest David Silversmith, a CPA and certified financial planner. They discuss the staggering amount of unclaimed funds available, how they can accumulate from various sources like uncashed checks and dividends, and the importance of checking for unclaimed funds regularly. David sheds light on how to claim your rightful funds and avoid falling into common traps. There are over $18 billion dollars in unclaimed funds. Discover how to locate yours and those left behind by deceased loved ones. Learn the importance of tax planning and estate management, especially for widows and widowers, from a certified financial planner and CPA. Find out how to easily access unclaimed funds in states like New York and the potential challenges in states like New Jersey. Learn how to file claims for deceased loved ones, including the required documentation, such as death certificates and letters of testamentary. Avoid common pitfalls when claiming unclaimed funds, such as paying unnecessary fees for services that can be accessed for free. Explore the range of financial advisory services offered by experts like David Silversmith, including tax planning, audits, and estate management. Resources David Silversmith | LinkedIn Stacy Francis | LinkedIn | X(Twitter) Email: stacy@francisfinancial.com

What are the key considerations when navigating the complex world of Medicare and health insurance as you approach age 65? In this episode, Riitta Schoenfeld, a Medicare expert, delves into the intricacies of Medicare, discussing eligibility, different plan options, penalties, and the importance of understanding your healthcare coverage. Join us as we unravel the maze of Medicare and empower you to make informed decisions for your financial and health security in your golden years. Understanding the difference between Medicare and Medicaid is crucial for eligibility and coverage. Riitta's journey from volunteering to becoming a Medicare expert highlights the importance of helping others navigate healthcare options. Medicare eligibility is based on age, disability, or specific medical conditions, such as end-stage renal disease or Lou Gehrig's disease. The importance of signing up for Medicare at the right time to avoid penalties and ensure proper coverage. The distinction between Medicare Advantage plans and Medigap insurance supplements in terms of coverage and benefits. Long-term care, including custodial care, is not covered by Medicare, emphasizing the need for additional planning and insurance options. Resources Riitta Schoenfeld | LinkedIn Email: RSchoenfeld@srhafetz.com Telephone: 516-331-4833 Stacy Francis | LinkedIn | X(Twitter) Email: stacy@francisfinancial.com

Do you know what steps to take and how to keep yourself secure in the face of a devastating medical diagnosis? In this episode of Financially Ever After Widowhood, host Stacy Francis talks to Candace Dellacona, a family lawyer who helps older adults plan for their future. They discuss how to prepare for long-term care and protect your assets, such as ensuring you have a healthcare proxy and power of attorney and considering long-term care insurance. They also dive into why you should have a team of experts, including a geriatric care manager, who can help you find the best care options for your situation. Planning for the future with a terminal illness diagnosis involves crisis planning to protect assets and ensure proper care for the sick spouse. Medicaid and Medicare are essential programs to understand when planning for long-term care, with Medicaid serving as a payer of last resort for costs not covered by Medicare. Long-term care insurance can provide options and financial relief for individuals facing the need for extended care, offering flexibility in choosing care providers and settings. Advanced directives, including a health care proxy and power of attorney for finances, are crucial documents to have in place after receiving a serious medical diagnosis to ensure proper decision-making and care. Building a team of professionals, including financial advisors, elder law attorneys, and geriatric care managers, is essential for navigating the complexities of long-term care planning and advocacy. Support groups can be valuable resources for information and recommendations on care providers, legal assistance, and financial planning strategies for individuals facing medical crises and long-term care needs. Resources Candace Dellacona on the Web | LinkedIn | Facebook Email: Candace.Dellacona@offitkurman.com Phone: 212-545-1656 Stacy Francis | LinkedIn | X(Twitter) Email: stacy@francisfinancial.com

When you suffer a loss, should you move forward or move on? Nikki Sewell, a therapist with a personal experience of profound loss, offers a unique perspective on navigating grief and moving forward after the death of both her husband and father by the age of 30. With over 17 years of experience in grief counseling, Nikki emphasizes the importance of not just moving on but moving forward in the tapestry of life. Join Stacy Francis on this episode of Financially Ever After as Nikki shares her insights on setting healthy boundaries, practicing self-compassion, and the complexities of re-partnering after loss. Moving forward, not moving on, is a more empowering approach to dealing with grief and loss, recognizing that past experiences are woven into the tapestry of our lives. Setting healthy boundaries is crucial in the grieving process, especially for women who may struggle with people-pleasing tendencies and societal expectations. Self-compassion plays a vital role in navigating grief and trauma, allowing individuals to acknowledge their emotions and prioritize self-care. The decision to re-partner after losing a spouse is a personal choice, and individuals should focus on their own growth and happiness rather than societal pressures. Recognizing that grief can manifest in different ways for different people, it's essential to be understanding and supportive of individuals experiencing loss. Seeking professional therapy and support can help individuals navigate the emotional and financial challenges that come with the loss of a spouse. Resources Nikki Sewell | Website | Weekly Blog Email: nikki@nikkisewell.com Phone: 203-590-9642 Stacy Francis | LinkedIn | X(Twitter) Email: stacy@francisfinancial.com

Have you considered the true cost of healthcare for women, especially in the face of widowhood? Forbes reports that women pay nearly $15 billion more than men in health costs. In this episode of Financially Ever After, host Stacy Francis is joined by Beth Battaglino, the CEO of Healthy Women, and Deb Gordon, the co-founder of Umbra Health Advocacy. Together, they discuss the significant challenges widows face in healthcare, including hidden and unexpected expenses that can cause severe financial strain. Financial education and proactivity is crucial, along with support from caring experts and advocates, so that you can empower yourself with physical and financial health.  The widowhood effect highlights the increased risk of mortality and prolonged illnesses that women face after losing a spouse, emphasizing the importance of healthcare and preventative care. Women pay much more for healthcare than men, with women paying more out of pocket due to differences in utilization patterns and services needed. It is crucial to seek help and ask for assistance in navigating healthcare costs and bills, and take full advantage of the resources available to help reduce financial burdens and provide support. You can make informed decisions about your healthcare and ensure you are adequately covered if you understand health insurance coverage and benefits. There are numerous experts and advocates who will stand by your side. Utilizing healthcare flex spending accounts and health savings accounts can help women save money on healthcare expenses and plan for future medical needs. Hiring patient advocates or utilizing the services of organizations like the Alliance of Professional Health Advocates can provide expert assistance in managing medical bills and navigating the healthcare system. Resources Deb Gordon | Umbra Health Advocacy | X(Twitter) | LinkedIn | Alliance of Professional Health Advocates deb@umbrahealthadvocacy.com Beth Battaglino | Healthy Women | X(Twitter) | LinkedIn Stacy Francis | LinkedIn | X(Twitter) Email: stacy@francisfinancial.com Articles: Healthy Women: Understanding Health Insurance Terms Healthy Women: Choosing a Health Insurance Plan Healthy Women: Healthcare 101 for Women Forbes: Women Pay $15 Billion More Than Men for Medical Costs

Losing a spouse is difficult enough, and navigating the complex world of taxes only adds to that burden. In this episode of Financially Ever After, host Stacy Francis is joined by Samantha Harris, CPA, who leads her own tax preparation service company. Together, they provide valuable advice that will help you understand important nuances, file your taxes, and potentially save thousands of dollars in the process. Stacy and Samantha dispel some of the mystery around taxes after a loss, from finding the right professional guidance to understanding Social Security to proactive planning. Finding the right accountant is crucial for navigating tax implications after losing a spouse. With changes in filing status and potential tax savings opportunities, the right accountant can provide peace of mind and ensure financial stability. Understanding the different filing statuses, such as qualifying widow or head of household, can significantly impact tax liabilities. Choosing the appropriate filing status can lead to substantial tax savings and ensure compliance with IRS regulations. Organizing important financial documents and passwords can ease the burden on loved ones in the event of unexpected loss. Maintaining a clear record of financial information and passwords can streamline the process for your family and ensure a smoother transition during a difficult time. Social Security benefits may or may not be taxable, depending on various factors like additional income sources. Understanding the tax implications of Social Security benefits can help individuals plan effectively for their financial future and optimize their tax situation after the loss of a spouse. Communication and collaboration between financial advisors, accountants, and clients are essential to ensure comprehensive financial planning and tax strategies tailored to individual needs and circumstances. Resources Samantha Harris, CPA on LinkedIn Email: sam@cavalieraccounting.com Phone: 646-629-1381 Stacy Francis on LinkedIn | X(Twitter) Email: stacy@francisfinancial.com

What are the key differences between traditional estate planning and elder law planning, and why is it important to consider elder law planning at a younger age? In this episode of Financially Ever After, host Stacy Francis delves into the intricate world of special needs planning and elder law with guest Britt Berner. Together, they navigate the complexities of legal and financial considerations for people with disabilities and those facing terminal illnesses. Planning for a disabled child's future requires careful consideration of government benefits and asset protection strategies. Understanding the nuances of Medicaid, SSI, and SSDI is crucial in ensuring the child's financial security and well-being. Spousal refusal and other legal strategies can help protect assets and qualify for Medicaid in the face of terminal illness or disability. Knowing the options available and seeking personalized advice from an elder law attorney can make a significant difference in navigating these challenging circumstances. Establishing a Supplemental Needs Trust can safeguard assets for a disabled child without jeopardizing their eligibility for government benefits. By setting up this trust, parents can ensure that their child's financial future is secure and that they continue to receive the necessary support and care. Personalized advice from an elder law attorney is essential in creating a comprehensive plan for long-term care and asset protection. By consulting with a legal expert specializing in elder law, individuals can develop a tailored strategy that addresses their specific needs and goals, providing peace of mind for the future. Early engagement in elder law planning, including powers of attorney and healthcare proxies, can provide peace of mind and security for the future. By proactively addressing legal and financial matters, individuals can ensure that their wishes are respected and their affairs are managed according to their preferences and values. Resources Britt Burner on LinkedIn Email: bburner@burnerlaw.com Burner Prudenti Law on Website | Facebook | X | LinkedIn | Instagram | YouTube National Academy of Elder Law Attorneys  Stacy Francis on LinkedIn | X(Twitter) Email: stacy@francisfinancial.com

What if you received a call or email claiming to be from the IRS, demanding immediate payment for back taxes or threatening legal action? How would you react in a moment of heightened emotion and urgency? In this episode of Financially Ever After, Stacy Francis is joined by Kathy Stokes, who brings a wealth of knowledge and experience in combating financial crimes. As the Director of Fraud Prevention Programs at AARP Kathy brings unique insight into the tactics used by criminals, the importance of education in fraud prevention, and the resources available to protect oneself from scams. Discover how to empower yourself against fraud and safeguard your financial well-being. Understanding that the IRS will not initiate contact through calls or texts unless there is an existing issue is crucial in avoiding potential scams and protecting personal information. With a significant 400% rise in cyber crimes and fraud reported in recent years, it is more important than ever to stay informed and vigilant to safeguard against financial threats. AARP's Fraud Prevention Program, led by Kathy Stokes, plays a vital role in educating people about the risks of financial fraud and providing support to combat these crimes. Eight out of 10 women change financial advisors within a year of their spouse's passing, highlighting the importance of thorough research and due diligence when selecting a new advisor to ensure financial security. Those facing emotional vulnerability, such as widows, are often targeted by fraudsters due to their heightened emotional state, emphasizing the need for awareness and protection. Recognizing red flags like unexpected contact, urgency, and heightened emotions can serve as warning signs to identify and avoid potential scams, empowering you to protect yourself. Regularly monitoring credit reports and implementing credit freezes are proactive measures that can help prevent identity theft and financial fraud, ensuring greater security and peace of mind. AARP's Fraud Network Helpline, staffed by trained volunteers, offers valuable support and guidance to those facing potential fraud, providing a safe space to seek assistance and report suspicious activities for better protection. Resources Kathy Stokes on LinkedIn | AARP | AARP Fraud Watch Network AARP Fraud Watch Hotline: 877-908-3360 Stacy Francis on LinkedIn | X(Twitter) Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

Holly Strelzik, a woman who has experienced her fair share of loss and grief, joins Stacy Francis on this episode of Financially Ever After. From a childhood of divorce and estrangement to the death of a close friend and several traumatic events, Holly has cultivated a profound connection to the art of dying and end-of-life care. As an end-of-life doula and grief recovery specialist, Holly understands the importance of caring for oneself while caring for others. She shares her personal journey as a caregiver and offers valuable insights on finding support and maintaining one's own well-being. Be inspired by Holly's wisdom and compassion as she empowers women to navigate the challenges of caregiving and grief. Taking care of oneself is crucial as a caregiver, as neglecting self-care can lead to negative consequences for both the caregiver and the person being cared for. Holly shares her personal journey of caregiving, from her childhood experiences to her current role as a caregiver for her husband with Alzheimer's. The 2-2-2 plan is a practical approach to ensure that caregivers have support in place for different timeframes, from a few hours to a couple of weeks. Caregivers face a higher mortality risk and need to prioritize their own well-being to avoid caregiver strain. Center for the Heart, founded by Holly, provides end-of-life care and grief support to individuals and families facing terminal illnesses. Grief is a complex process that requires compassionate support and understanding, and Center for the Heart offers a safe space for individuals to explore their grief and find healing. Embracing a spiritual practice or finding solace in nature can be beneficial for caregivers in maintaining their own well-being. Grief can be a catalyst for personal growth and can inspire individuals to serve others who are experiencing similar challenges. Resources Holly Strelzik on Instagram | LinkedIn | Facebook | Podcast | Center for the Heart | Center for the Heart LinkedIn Email: holly@centerfortheheart.com Stacy Francis on LinkedIn | X(Twitter) Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

So many of us lost loved ones as COVID-19 swept through our communities, each of us with our own story of love and loss. But what about when those stories include our children? Melanese Marr-Thomas is a two-time Amazon bestselling author and entrepreneur, and she joins Stacy Francis on this episode of Financially Ever After Widowhood to share her powerful journey of love and loss. Melanese opens up about the devastating impact of losing her husband to COVID-19 and the challenges she faced as a widow and single mother of four children. Through her authentic and raw storytelling, Melanese offers a glimpse into the depths of grief and the resilience it takes to navigate life after loss. She shares some of the practical tools in her upcoming book, “What the Grief? A Widow's Grief and Loss Becomes Lessons of Hope and Triumph,” that helped her and her children: grief storms, grace, and space. Tune in to this episode to gain insight, inspiration, and a reminder that it's okay not to be okay. We must be open and honest with children about grief. Melanese created a safe space for her children to express their emotions by sharing her own struggles and giving them permission to not be okay. Melanese shares her concept of "grief storms," which are intense waves of emotions, where grief is likened to a tornado that destroys everything. These destructive waves of grief were harsh at first, but became easier to manage as Melanese allowed herself to feel and work through her emotions. Connecting with others who are grieving provides solace and understanding. Melanese highlights the value of Facebook groups, grief support organizations, and therapy in navigating the journey. Being silent about grief hinders healing and support. Being vulnerable and open inspires others. Losing a spouse means the loss of shared dreams. Melanese shares her struggle with rebuilding her life and finding a new identity, particularly for her food truck business. Her husband was “the grillmaster.” Giving oneself grace and space to heal is crucial. Melanese shares her toolkit for coping with grief, including water aerobics, adult coloring books, and spending time in nature. Grief is a lifelong process, and there is no specific timeframe or expectation to "get over" the loss. Love and grief coexist. Resources Melanese Marr-Thomas on LinkedIn | Facebook | Instagram | Website | Hope Certain Instagram Email: hopecertain2022@gmail.com Stacy Francis on LinkedIn | X(Twitter) Email: stacy@francisfinancial.com FrancisFinancial.com

Most parents think about the future of their finances, and the legacy that they will leave for their children. This week on Financially Ever After Widowhood, host Stacy Francis talks with renowned trust and estate lawyer Stefan Dunkelgrun about how to effectively plan your children's inheritance and safeguard it against extravagance and divorce. As a partner at Davidoff Hutcher and Citron in New York City, Stefan brings a wealth of knowledge and experiences from his work with high and ultra-high-net-worth clients. In this episode, he shares eye-opening tales from the trenches, offering crucial advice on ensuring that your legacy serves your children in lasting, meaningful ways. Whether you're a parent of young children or have adult kids, join us as Stefan explains how to protect your family's financial future while ensuring your wealth enhances rather than hampers their ambitions. Estate planning is not just about wealth distribution but about ensuring the well-being of your loved ones after you're gone in a way that aligns with your family's needs and values.  Many parents grapple with how to leave money to their children, especially if they are minors. Stefan discusses creating trusts that provide for children's needs, like education and healthcare, without giving them unrestricted access to large sums at a young age. Divorce-proofing your child's inheritance is a critical aspect of estate planning. Stefan provides insights on how to structure trusts to ensure that your children's inheritance remains protected, even in the event of their marital dissolution. Stefan advises selecting someone as trustee who can manage the trust impartially and responsibly, ideally not the children's guardian to avoid conflicts of interest. Life insurance plays a significant role in estate planning; choosing the right amount and type of policy, and properly designating beneficiaries, can secure your children's financial future without unnecessary tax burdens. Gifting strategies are an integral part of estate planning, with options like direct payments for medical and educational expenses offering tax benefits.  For high net worth families, Stefan introduces advanced strategies and tools that can extend the benefits of your estate across generations, offering educational funding and other support to grandchildren and beyond. Resources Stefan Dunkelgrun on LinkedIn | Davidoff Hutcher and Citron  Phone: (646) 428-3112 Email: Swd@dhclegal.com Stacy Francis on LinkedIn | X(Twitter) Email: stacy@francisfinancial.com FrancisFinancial.com

Robert Farrington, founder of The College Investor, is a student loan and financial aid expert. He guides individuals in making wise college decisions and assists families in managing the challenges of student loan debt. In this episode of Financially Ever After Widowhood, Stacy interviews Robert about how single parents can best save for and pay for college without compromising their own financial security. They discuss 529 savings plans, different types of student loans, as well as strategies to lower college costs. He also shares why it's important for parents to prioritize their own retirement savings first before saving for college. Take care of your own financial stability first before worrying about college savings - there are lots of ways to pay for college later. 529 plans allow tax-free savings and growth for education expenses. Most states offer tax deductions as well.  Federal student loans typically have better terms and options than private loans.   Never borrow more than your expected first year salary after graduating.  Apply for scholarships and grants. Negotiate with the school's financial aid office. Consider community college for the first 1-2 years then transfer to save money. Take AP classes in high school to enter college with credits already completed. Find colleges with good financial aid packages to lower the overall cost. Have open conversations with your child early about money and college expectations. Resources Robert Farrington on the Web | The College Investor Website | Instagram | X | Email Tuition Fit Saving for College FAFSA Stacy Francis on LinkedIn | X(Twitter) Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

Do you have a family business that could disintegrate into awkward disputes or expensive tax fights when you pass away? This week's guest, Michael Levy, knows all about the dramatic infighting and family stress depicted on HBO's acclaimed show Succession in real life! In over 20 years as an estate planning attorney, he has helped hundreds of families navigate messy succession scenarios. On this episode of Financially Ever After Widowhood, he shares expert insights on smart succession planning with host Stacy Francis, including strategies to transfer ownership interests while avoiding unnecessary taxes safely. Michael stresses thoughtfully and compassionately handling which family members will lead the business in order to future-proof your business.  Succession planning is critical but often neglected by business founders who believe things will continue seamlessly after them. Without a plan, disputes frequently arise between heirs with differing ideas of who should take over the business. Strategies like buy-sell agreements, estate freezes, defective grantor trusts can facilitate tax-optimized succession transfers. Paying for business valuations regularly is wise to avoid surprises later when gifting interests or facing estate taxes. Spouses inheriting interests may still owe taxes, so planning ahead with vehicles like life insurance is key. Advisors like financial planners, estate attorneys and CPAs can help navigate these complex scenarios, so clients shouldn't hesitate to ask questions. Resources Michael Levy on Website | LinkedIn Stacy Francis on LinkedIn | X(Twitter) Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

Jeanne Jacobwitz is a nurse practitioner and an adjunct professor at Georgetown University and New York University in the Graduate Midwifery and Women's Health programs. She believes that mental, physical, and financial health are interconnected. After losing her husband and experiencing her own grief journey, she co-founded The W Connection, a nonprofit providing support for widowed individuals. Jeanne joins Stacy Francis on this Financially Ever After Widowhood episode to discuss how prolonged stress impacts overall well-being. They also explore the concept of "broken heart syndrome" and the importance of self-advocacy.  Dealing with ongoing stress from grief can seriously affect your physical health, leading to problems like heart issues, a weaker immune system, diabetes, and osteoporosis. It's important for healthcare providers to recognize that mourning is a health risk. Acute grief, often known as "broken heart syndrome," can cause real physical changes similar to a heart attack. It's crucial to identify it quickly. Feeling lonely can have a negative effect on your health, and being a widow often means more isolation. Joining community groups can make widows feel more connected. Widows should speak up for their own health by asking for more doctor visits and focusing on self-care, even when they feel tired and overwhelmed. Finding the right healthcare provider is important. Doing things that boost the "happiness hormone" oxytocin, like laughing, dancing, and hugging, can help you manage stress. Even simple acts like smiling more can make a big difference. Financial struggles add more stress, and most widows start retirement with fewer resources than average. This makes it even more important to stay vigilant about your health. The W Connection offers online support groups, workshops, webinars, and in-person meetups for widows. Being part of this community can help reduce feelings of isolation and loneliness. Taking proactive care of yourself and getting clinical support can significantly improve your long-term well-being. Resources Jeanne Jacobwitz on Website | Instagram | Email  Stacy Francis on LinkedIn | X(Twitter) Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

Cognitive Behavioral and Grief Coach Jordan Schwartz Hendin joins host Stacy Francis to discuss navigating the holidays after losing a spouse. Jordan draws from her personal experiences with grief, having lost her own mother at a young age and supporting her widowed grandmother through multiple losses. Now a professional coach, she works with women struggling with grief and major life transitions. In this week's show, Jordan and Stacy explore handling loss and loneliness, honoring traditions, and staying financially sound.  The holidays can bring up complex emotions such as sadness, anger, and loneliness. This is normal after a major loss. Avoid unhealthy coping strategies like becoming an "isolator" or "doer." Don't overcommit to events or hide away alone. Reflect on your core values. Focus on traditions that align with what matters most, like family time. Make new memories and experiences, especially with children. Gift experiences rather than material items.  Have open conversations with family about your grief. Don't pretend to be okay if you're not. Manage your finances by focusing on your values, not material possessions. Stick to a budget for holiday gifts and activities. You don't have to navigate the holidays alone. Seek support from family or a grief counselor during this difficult time.  Resources Jordan Schwartz on Website | Instagram | Email | Phone: 917-947-6037 Stacy Francis on LinkedIn | X(Twitter) Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

Irene Weinberg shares her journey from profound grief to a renewed sense of inner strength and spiritual wisdom after losing her husband, Saul, in a tragic car accident. Irene's story goes beyond conventional narratives, exploring a spiritual awakening that shaped her healing journey and led her to a passion for helping other grieving women create a divine plan for their lives. She joins Stacy Francis on this episode of Financially Ever After to share her incredible story. Embracing a spiritual perspective can provide solace and guidance during times of profound loss. It's important to seek therapy and professional support in navigating both emotional and financial challenges after the death of a spouse. Your grief can be a catalyst to personal growth and service to others. Irene recounts receiving messages before the accident that foretold Saul's departure. After the accident, she experienced a spiritual awakening, connecting with Saul through renowned medium John Edward. The messages provided undeniable proof of Saul's presence beyond the physical realm. Irene's connection with Saul brought her comfort in knowing that he was not lost and that there was more to life beyond the physical realm. The experience reshaped her perspective on death, eliminating fear and instilling a sense of acceptance. Channeling Saul for her book and podcast allowed Irene to explore deep questions about soulmates, the afterlife, and the universal experience. This process facilitated healing, not only for Irene but also for those who resonated with her journey. Irene emphasizes the importance of not staying stuck in the "swamp of suffering" after a loss. She shares her passion for introducing people to healers and resources through her podcast, helping them move through pain and grief to find joy again. Irene, in her third act of life, continues to pay it forward through her podcast. She strives to inspire others to embrace their purpose and make a positive impact on the world. Resources Irene Weinberg on Website | Facebook | Instagram | YouTube | Email The Grief and Rebirth Podcast on Apple Podcasts | Spotify | TikTok They Serve Bagels in Heaven Stacy Francis on LinkedIn | X(Twitter) Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

In this episode of Financially Ever After Widowhood, Stacy Francis welcomes Sarah Constantine, an accomplished estate planning attorney renowned for helping ultra high net worth individuals presere and transfer their legacies. Sarah's commitment goes beyond the technical aspects of the law; it stems from a genuine belief in service and a desire to make a tangible difference in the lives of her clients. She and Stacy discuss the human side of estate planning, emphasizing the importance of organizing your affairs to support and safeguard your family. A comprehensive plan to manage your assets starts with foundational estate planning documents. These documents include wills, revocable trusts, powers of attorney, and healthcare proxies. Estate planning should be flexible to adapt to changes in tax laws and personal circumstances. Regular reviews and updates ensure that your plan remains effective and aligned with your goals. Specialized trusts offer tailored solutions for individuals seeking to achieve specific financial, philanthropic, or legacy goals within their estate plans. For example,  Charitable Lead Annuity Trust (CLAT) allows individuals to contribute to charitable causes during their lifetime while eventually passing assets to heirs. It can be a powerful tool for both philanthropy and tax planning. Non-U.S. citizens may be subject to different rules and tax implications than U.S. citizens. Additionally, non-U.S. persons who own assets in the U.S. may be subject to specific rules and taxes. It is important to plan properly to ensure compliance with all applicable laws and regulations. Resources Sarah Constantine on LinkedIn | Arnold & Porter Email: sarah.constantine@arnoldporter.com Phone: 212-836-8066 Stacy Francis on LinkedIn | X(Twitter) Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

In this Financially Ever After Widowhood episode, Stacy Francis welcomes Kelley Joyce and Susan Crumiller to explore rejoining the workforce after loss. Kelly, a seasoned career coach, specializes in helping professionals find their career path and realize their dream job. Susan is an accomplished attorney who is known for her work in representing victims of workplace discrimination. They share invaluable insights and guidance on dealing with workplace discrimination and reentering the workforce after experiencing a significant loss.  When grappling with workplace discrimination and career transitions, always prioritize your mental health. Explore flexible work options, update your resume, and seek assistance. Remember, you don't have to go through this process alone; support is available. Clear evidence, such as text messages and written communication, can be crucial in legal situations. Effective communication is key, and creating a record of actions and behaviors is essential for addressing workplace issues. Navigating the workforce after a significant loss requires open and honest communication with supervisors. Balancing work and personal life is possible with the right strategies, such as documenting arrangements made regarding personal obligations. By building strong relationships with your colleagues and managers, you can create a network of support that can help you navigate difficult situations. Additionally, by presenting yourself in a professional and competent manner, you can earn the respect of your colleagues and make it more likely that they will listen to your concerns. Resources Susan Crumiller on Website | LinkedIn | Twitter | Instagram | Facebook | Email | Phone: (212) 390-8480  Survivors Law Project Kelley A. Joyce on Website | LinkedIn | Twitter | Email | Phone: (917) 566-0808  Book your free 45-minute consultation with Kelley today! Stacy Francis on LinkedIn | Twitter Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

Dawn Nargi is the Executive Director at The W Connection, an organization that provides essential resources for widows looking to rebuild their lives after the loss of a spouse. Beyond her role at the W Connection, Dawn is a widow herself. Balancing personal grief with the demands of single parenthood, her story is a testament to the strength of the human spirit. Dawn joins Stacy Francis to bring not just her professional expertise but also a deeply personal understanding of the journey of widowhood. She delves into the challenges, the risks, and the transformative power of support. Many widows grapple with job loss, reduced income, and the financial implications of their changed status. Navigating the professional landscape can be daunting, especially when balancing grief and potential single parenthood. The W Connection is dedicated to offering resources for widows as they rebuild their lives after the loss of a spouse. Providing invaluable resources, the organization assists widows at various stages of their journey.  Widows need not navigate their workplace challenges alone. By initiating transparent conversations with employers, widows can strike a balance between their work and personal lives without jeopardizing their positions. Social ties are a pivotal part of healing and moving forward. The W Connection, with its community-focused approach, advocates the healing potential of shared experiences.  Resources Dawn Nargi on LinkedIn | Email The W Connection | Become a Member | LinkedIn | Facebook | Instagram | Twitter Stacy Francis on LinkedIn | Twitter Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

In this episode of Financially Ever After Widowhood, host Stacy Francis welcomes Carolyn Moor, the founder of the nonprofit organization Modern Widows Club. Recognized internationally for her impactful TED Talk on supporting those experiencing grief, as well as her appearances on The Oprah Winfrey Show, Carolyn has become a leading advocate empowering women in widowhood to transform their pain into strength. It's critical to have support while you're navigating grief and widowhood.  Widows experience profound loneliness, and need a space where they can discuss their lost loved ones openly. Stacy and Carolyn discuss the double loss experienced by widows—the loss of a partner and the loss of their envisioned future together. Carolyn reflects on her own experience of losing her husband and the immense emotional and psychological impact this type of loss can have on your identity and sense of purpose. Carolyn shares the origins of Modern Widows Club, which began as a simple idea to provide a space for widows of all ages and backgrounds to share their experiences without judgment.  Wisdom emerges from the unique experience of widowhood. Widows possess insights born from singlehood, marriage, divorce, and widowhood, leading to a reservoir of knowledge that can drive advocacy, change, and personal growth. Through listening to thousands of widows, Carolyn discovered common patterns and issues that widows face, such as financial instability, disinheritance, government neglect, and social exclusion. She realized the need to advocate for widows' rights and raise awareness about their challenges. Everyone can play a role in supporting widows, whether they have personal experience or not. Resources Carolyn Moor on LinkedIn | Email | (844) 429-4369 Legendary Widows: Stories of Legacy Modern Widows Club | Events and Programs | Facebook | LinkedIn | Instagram | Email Stacy Francis on LinkedIn | Twitter Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

Marc Zimmerman is an expert in all things probate. He is the co-founder of The Zimmerman Firm, a welcoming and informative resource for people seeking guidance on this important aspect of the law. He is committed to simplifying the often mystifying world of probate and estate planning and believes in taking a proactive approach to asset management; this has ensured smoother transitions for numerous families during times of loss. Marc joins Stacy Francis on this episode of Financial Ever After Widowhood to demystify the complexities of probate and highlights its significance, especially when assets are involved without a designated beneficiary. Probate, a legal process where assets are frozen until the executor appointed in a will seeks the Surrogate's Court's approval, has seen considerable delays due to the pandemic. These delays can span from six months to over a year and can become more prolonged if any litigation is involved.  A revocable trust empowers individuals with control over their assets and ensures hassle-free access for the successor trustee upon their demise. Transferring assets into this trust is straightforward; while real estate uses deed assignments, tangible personal property, such as artwork, calls for individual assignment documents. Assets in a revocable trust might not invite immediate taxes, yet they remain within the taxable estate. Conversely, assets within an irrevocable trust are viewed as finalized gifts and face different taxation criteria.  Acting on your estate planning requirements can be a gesture of care and responsibility towards your loved ones, ensuring they're spared unnecessary legal complications during an already emotionally taxing period. Resources Marc Zimmerman on the web LinkedIn | Email | (212) 519-5114 The Zimmerman Firm 600 Third Avenue, 35th Floor New York, New York 10016 Stacy Francis on LinkedIn | Twitter Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

Brian Corrigan is a seasoned expert specializing in trusts, estates, and fiduciary litigation. He brings a wealth of knowledge from his experience handling a diverse range of Surrogate Court matters, including will contests, contested accounting, fiduciary removal and surcharge, and discovery proceedings. With a primary focus on the implications for financial matters, Brian explains how a power of attorney, or an attorney in fact, is pivotal in decision-making on behalf of someone who becomes incapacitated. He joins Stacy Francis to offer key insights into common challenges, New York's legal adjustments, and protective measures against potential misconduct. The choice of a power of attorney plays a critical role, particularly in the context of financial decisions during incapacitation. It's important to select a responsible and trustworthy person, capable of meticulous record-keeping. Understanding the legal nuances and state-specific requirements related to power of attorney is a must. In the absence of a power of attorney, alternatives like guardianship proceedings, though expensive and invasive, may become necessary. To counter potential misconduct or abuse by unscrupulous agents, it's recommended to appoint a monitor who can review the transactions performed by the agent and ensure their propriety. A contingent power of attorney can step in if the primary agent is unavailable. You should have clear and open conversations with potential agents about their willingness and understanding of the responsibilities involved. Resources Brian Corrigan on LinkedIn | Farrell Fritz | Email | T: 646-237-1804 Farrell Fritz  Defensive Estate Planning Stacy Francis on LinkedIn | Twitter Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

When faced with a terminal illness diagnosis, your emotions can be overwhelming. You still need to navigate the legal aspects, however, to ensure that you and your loved ones are protected. Stacy Francis' guest this week is Alison Arden Besunder, a partner in charge of the Trust and Estates department at Goetz Fitzpatrick. Alison has extensive experience in guardianship and estate litigation. She joins Stacy to discuss end-of-life planning, including steps to take when the timeline is limited. Stacy and Alison delve into navigating the healthcare system, and the importance of having critical documents in place to convey your medical wishes clearly.  Highlights from this episode: Ensure you have a healthcare proxy and living will in place to appoint someone as your medical decision-maker and provide evidence of your end-of-life intentions. Discuss end-of-life decisions openly with your loved ones, promoting a foundation of good communication to handle high-stress situations effectively. Even with your best efforts, you may feel helpless when dealing with a loved one's illness, but remember that your support and care are invaluable during these challenging times. Avoid burnout as a caregiver by setting boundaries and not taking on more than you can handle. Seek support from therapists to manage the emotional burden effectively. Find the right caregivers for your loved one by tapping into resources like personal needs guardians or geriatric care managers who can connect you with experienced aides. When navigating end-of-life care decisions, ask questions and advocate for your loved one to ensure the best possible care and treatment options. Bioethics committees in hospitals can offer support and assistance in decision-making, especially in challenging end-of-life care situations. They can help translate medical jargon and provide guidance to both physicians and families. Even without a living will, there are other forms like MOLT (Medical Options for Life-Sustaining Treatment) or PULST (Physician Orders for Life-Sustaining Treatment) that can be used to make end-of-life decisions in a hospital setting. Navigating end-of-life decisions for pets also requires careful consideration, and sometimes there may be disagreements between family members on the best course of action. For anyone facing end-of-life care decisions or other financial challenges related to medical care, seeking guidance from financial advisors can be crucial to manage expenses and make informed choices. Resources Alison Arden Besunder on LinkedIn | Facebook | Twitter Goetz Fitzpatrick | LinkedIn Phone: 212-695-8100 x289 Stacy Francis on LinkedIn | Twitter Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

Charity is not just about giving; it's about making a difference. In this enlightening episode of Financially Ever After Widowhood, Mindy Stern joins Stacy Francis to discuss all things philanthropy. Mindy is a partner at Schwartz Sladkus Reich Greenberg Atlas LLP, specializing in real estate and estate planning. She has a passion for helping clients make a difference with charities during their lifetime and in their wills. She shares her wealth of knowledge on charitable giving, including insights into the intricacies of donations, the importance of understanding the mission of the institutions you support, and the impact of thoughtful giving.  You'll hear Stacy and Mindy discuss: The importance of aligning your charitable contributions with your personal mission. Mindy says that donors need to think through all aspects of their giving, including the potential impact on their estate and personal privacy. Institutional flexibility in using donations. Mindy explains that while institutions will do everything possible to preserve the mission for which the money was given, there may be circumstances where this becomes impossible. In such cases, institutions need to have a "plan B." "Giving big" can have a tremendous impact on both the donor and the recipient. This approach to giving can provide a lot of flexibility and support to the recipient organization. The more specific a donor is about the use of their funds, the more difficult it can be for the institution to ensure that the funds are used exactly as the donor wishes. The role of planning and considering other assets in giving. These conversations can provide a window into the donor's life, revealing what they value and collect, such as antique dolls or cars.  Resources Mindy Stern on the web | LinkedIn Email: mstern@ssrga.com Phone: 212.743.7028 Stacy Francis on LinkedIn | Twitter Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

Anne DeButte is a respected and empathetic grief coach, author, and podcast host. She has made significant contributions to the field of grief counseling through her comprehensive approach to helping people navigate through their unique grief journeys. Her book, Grief's Abyss: Finding Your Pathway to Peace, encapsulates her insights on the impact of grief and offers practical advice for those who are navigating this challenging life experience. In this episode, she guides people through their healing process by debunking myths, offering strategies for coping, and emphasizing the importance of support and internal work.  Contrary to the adage, time does not heal all wounds. As such, distracting yourself from grieving a loss by filling your schedule may not always be beneficial. The grief journey varies greatly among individuals and rushing the process may only delay true healing. Grief affects individuals mentally, physically, emotionally, socially, and spiritually. Healing requires internal work, such as understanding your stress levels, acknowledging and expressing emotions, and seeking help when necessary. Isolation during grieving periods can be harmful. It's vital to seek support from friends, professionals, or community groups, especially those who can empathize with the experience of loss. This support is not just for advice, but more crucially, for understanding and companionship through a difficult time. Strategies like meditation, journaling, and breath work have been proven to help with the acute pain of grief. Incorporating them into your routine as daily activities may help you get through the day. Resources Anne DeButte on LinkedIn | Twitter | Facebook | Grief's Abyss: Finding Your Pathway to Peace Let's Talk About Grief with Anne DeButte UnderstandingGrief.com Stacy Francis on LinkedIn | Twitter Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

Are you struggling to sort through your household items after the loss of a loved one? It's not just a matter of spring cleaning; it's an emotional journey that requires empathy and support. In this episode of Financially Ever After Widowhood with Stacey Francis, Janine Sarna-Jones, organizational maven, shares her expertise on navigating the process of dealing with a partner's belongings. She and Stacey explore the balance between keeping reminders and avoiding a mausoleum effect, and the importance of making thoughtful decisions about items with a future life. Janine offers valuable insights on honoring memories while finding space for joy. There is no predetermined timeline for sorting through your partner's belongings after their passing. Take the necessary time to mourn and be emotionally ready for the task. Going through your loved one's items can bring up memories, thoughts, and feelings. It's a process that allows space for grieving and healing. Finding a balance between keeping reminders and creating a space that brings joy is essential. Curating meaningful items and letting go of the rest can help you maintain a healthy environment. If moving to a new space, avoid making hasty choices in the midst of grief. Moving should be a well-thought-out decision that aligns with your long-term goals and financial capabilities. Making thoughtful choices about items that can benefit others allows for a sense of purpose and ensures that belongings don't end up in the landfill. It's an opportunity to make a positive impact beyond personal grief. Items can be given a future life through donation to charities, animal shelters, and nonprofit organizations. Clothing and personal items can be repurposed and given new life. Tailoring clothes to fit yourself or transforming them into quilts or memory pieces can be a meaningful way to honor memories. There are no rules on how to deal with the personal effects of someone you love. Each person should find a way that brings them comfort and preserves the memories in a way that feels right for them. Kindness and self-compassion are essential during the grieving process. It's important to show yourself the same understanding and grace when navigating the challenges of sorting through belongings. Seeking support from professionals and involving your friends and loved ones can make the organizing process more manageable, physically and emotionally. Resources Janine Sarna-Jones on Website| LinkedIn | Facebook | Instagram Donations and Waste: Junkluggers   Donations:  Salvation Army | Goodwill | Dress for Success | Housing Works (tend to be East Coast – will pickup) | Local shelters | Coalition for the Homeless   Selling Items: Craigslist | Ebay   Making Clothes into Quilts and other items: Memory Stitch   TV Shows: The Gentle Art of Swedish Death Cleaning    WHAT DO YOU DO WITH ALL OF THE STUFF WHEN YOU LOSE A LOVED ONE?  Stacy Francis on LinkedIn | Twitter Email: stacy@francisfinancial.com FrancisFinancial.com A Financial Guide for Widows Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!

In a world where loss and grief often appear as villains, there are those who embody the spirit of resilience. On this episode, Financially Ever After Widowhood, Stacy Francis welcomes Joy Rosenthal - a woman who turned her own personal tragedies into catalysts for compassion, empathy, and strength. Joy is a seasoned lawyer, divorce mediator, and an educator at the CUNY School of Law. In this episode, she's sharing her personal journey as twice a widow. Through heartbreaking losses, Joy discovered her innate strength, resilience, and most importantly, her capacity for compassion. She recounts her experiences, revealing how she navigated the maze of grief, and how these experiences fueled her work and personal life with a newfound fervor. Joy lost her first husband just six months into their marriage. As she rebuilt her life and found love again, she experienced another devastating loss with the death of her second husband during the COVID-19 crisis.  Despite the overwhelming grief of losing two spouses, Joy shares how she learned to draw on her inner strength. This resilience helped her not only survive these difficult experiences but also to continue showing up for life every day. Having a support system is invaluable. Joy found solace in her community during times of grief. Joy's personal experiences with loss have fundamentally shaped her outlook on life. These experiences allowed her to lead with compassion, and in turn, profoundly impacted her professional work as a lawyer and mediator. Her job at Legal Aid, where she was engaged in extensive reading and writing, helped Joy process her grief after her first husband's death. She underscores the importance of a balanced work environment that allows space for coping with loss. A recurring theme throughout Joy's narrative is the importance of keeping going and staying in motion. Her determination to persist and rebuild her life after each loss is an inspiring takeaway for listeners grappling with their own losses. Joy advised that women dealing with similar situations should assess their capabilities, desires, and circumstances, and adjust their work life accordingly. She emphasized the importance of patience and understanding during this process. Seek help to manage paperwork and administrative tasks, which can be overwhelming during a time of grief. Resources Joy Rosenthal on Website| LinkedIn | Facebook | Instagram | Linktr.ee Email: joy@joyrosenthal.com  Phone: 212-532-4704 Stacy Francis on LinkedIn | Twitter Email: stacy@francisfinancial.com FrancisFinancial.com Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!