Women comprise more than half of the U.S. population, but no two women are the same when it comes to managing their money. Studies show that women are statistically more likely to rate themselves as less-experienced investors and more like to say they have high levels of stress when it comes to their financial life.* However, at some point in their lives – and despite the aforementioned factors – most women will likely be in charge of their family's finances.
An unexpected life event such as a divorce or loss of a spouse can affect everything from tax status to monthly and yearly income.
Because we take the time to get to know your family situation, your caregiving demands, your career, your money goals, and your personal risk tolerance, our team can help you develop an action plan for the future. This plan includes:
If you decide to remarry and are part of a new blended family, we believe it’s vital for you to find out about your partner’s financial obligations to a previous spouse (if there is one) and to understand milestones in a divorce settlement agreement regarding financial responsibilities, as well as how assets are legally viewed and titled.
Here are just a few facts* about affluent women in today's society: