Karen C. Altfest , Ph.D., CFP, is a principal advisor and executive vice president of client relations at Altfest Personal Wealth Management, a fee-only financial planning and investment management firm founded in 1983 and based in New York City. She is a frequent speaker on the subject of women and money, and conducts educational seminars for female clients, recent widows and people looking to retire.


Discussion

Douglas from GA posted over 3 years ago:

see an attorney,bring a friend or relative to help


Nolan from OK posted over 3 years ago:

good info


John from WI posted 8 months ago:

This is not only for the spouse. 3 years ago my father die and my mother had started the progression of Parkinson's and Alzheimer's.
For 55 years my father ran the family finances. Mom had no clue and I the only child was never included in the decisions and planning.

The article is good for anyone left with the responsibilities of those who are left.


W. E. Piland from MO posted 8 months ago:

Most comments in this article apply to widowers as well. There is no mention in the need for pre-planning such as having trusts that are either shared or individual which allow for the survivor to have full access to all assets as needed and avoid the 'frozen' period. By keeping non-trust assets below certain levels in most states probate can be completely avoided.


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