Stacy Francis Op-Ed Featured by CNBC on Financial Guidance for Widows
By: Francis Financial
November 22, 2021
Stacy Francis, certified financial planner and CEO of Francis Financial, had an Op-Ed featured on CNBC on the financial guidance recently widowed women need to achieve continued financial success in times of loss.
“You’ve experienced an incredible loss. Now it’s time to think about protecting your future. Losing a spouse could be one of the most difficult things someone will ever face. However, despite the emotional hardship, a widow can emerge from the loss stronger than ever and more capable of managing their financial future,” Francis begins.
“You may also need help settling your spouse’s estate, transferring assets to your name, closing accounts, updating beneficiaries and planning for your future needs. For all of these questions, a financial advisor can help. Various surveys show that nearly 80% of women will at some point become the sole financial decision-maker in their life. What’s more, many widows will spend several decades controlling their own finances,” Francis continues.
“Working with a financial professional requires you to be vulnerable about highly personal aspects of your life — especially after losing a spouse. Remember, you’re paying for your advisor’s time and services just as you would with a doctor or lawyer. You should always feel encouraged to ask questions and empowered with the knowledge that you’re in the driver’s seat of your financial life,” Francis concludes.
Learn more about the widow financial planning process and how Francis Financial can help you or contact a Certified Divorce Financial Analyst.