If you’re recently widowed and have a relationship with a CPA or other tax professional, great! Please consult with him or her. If not, there are some basic things you should know. With the loss of a spouse comes pain, grief and uncertainty. Unfortunately, the one thing that is certain are taxes. Returns must be […]

You Need an Emergency Fund   To be accurate, just about everybody needs an emergency fund. Why? With an emergency fund you’ll have cash available for when things go wrong. And if you have been recently widowed, you can expect just about anything to go wrong. An emergency fund ensures you can deal with the […]

Smart and Loving Planning Helps Prepare for Loss   Palliative and hospice care may give you the opportunity to better prepare for when your spouse is gone. Cindy’s husband of 34 years was sick for nearly a year before entering hospice at home. There were countless trips to the doctor’s office or hospital during this […]

Seek Advice Before Settling Your Late Spouse’s Debts   Patty Mann* lost her husband, Mark, in August 2018 to a rare form of cancer. Mark had been self-employed. With his health in decline during his last year, Patty assumed Mark had been closing down his consulting business. In fact, Mark had indicated everything was “all […]

Wings for Widows focuses on grieving widows’ financial needs and not necessarily on the grieving widow’s grief. When working with a widow client we are acutely aware of her sense of loss and her fear of the unknown. But we don’t try to “fix” her grief. We leave that to the professionals. We focus on […]

Moving Forward Financially After the Loss of a Spouse   The loss of a spouse can be a devastating, life-changing event. Due to longer life expectancies, women are more likely to face this situation. Becoming a widow at any age can be one of the most difficult challenges a woman must face. Not only is […]

Don’t Wait to Claim Social Security Survivor’s Benefits   Social Security survivor’s benefits can provide much-needed income to you and your family after losing your spouse. It’s important you understand who and how you might qualify and what those benefits are. Who is Eligible? Knowing the decedent’s insured status and earnings record at time of […]