Start Your Journey
Loss of a loved one: Spouse, Partner or Parent, a guide to navigating the process
Start Your Journey
Why Work with a Financial Coach During a Loss of a loved one?
The loss of a spouse or partner will likely stop you in your tracks. Or maybe the loss of a parent leaves you with a need for support for your remaining parent. You must give the time and space to grieve. While it seems like making any decisions should wait until after you have processed the loss, there are some action steps that must be decided upon and handled immediately.
We can be the first step in the process – let us take care of finances so that you can focus on your healing.
Handling financial matters after losing a spouse or supporting your parent through loss can be overwhelming, but focusing on the most immediate financial needs can help to create a clearer path forward. By prioritizing these tasks, you can manage the emotional challenges and begin to regain control over your financial situation.
Get organized with confidence! We’re here to help you create a clear and comprehensive view of your financial situation—your Clarity Portrait—so you can effectively present it to your team of professionals, including your financial planner, attorney, and CPA. This process includes updating information on both joint and personal accounts, applying for survivor benefits if needed, and ensuring all financial details are in order. With your Clarity Portrait in hand, you’ll be empowered to make informed decisions and start planning for a secure and confident future.
How we help:
- We create a clear picture of your financial status with your Clarity Portrait. This can be shared with your attorney, financial planner and other professionals guiding you through the process.
- We teach you to manage your finances day by day, week by week, month by month.
- We help you identify your goals for your future and create a financial path to make those dreams a reality
- We help you to create a great relationship with your money
Other things we may be able to help with:
- Paying off remaining medical bills
- Managing existing joint accounts:
- ‘Rights of Survivorship’ or ‘Tenants in Heirs’
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Death is inevitable, and when it happens, the surviving spouse will be faced with managing financial tasks while grieving. To prepare, it’s important to simplify finances by reducing the number of accounts and ensuring both partners are involved in financial matters. This helps protect both individuals in case of cognitive decline and ensures the surviving spouse isn’t left in the dark. Additionally, clear communication of wishes through estate planning documents, like a will, is crucial.
Plans and Pricing
Two Affordable Plans for a Brighter Future
Plans and Pricing
Clarity Portrait
Are you feeling ready to get a little clearer with your finances?
What we do:
Uncover Your Money Story – We explore your money memories and personal goals to understand your unique financial mindset.
Get Financially Organized – We gather and streamline your financial documents, turning chaos into clarity.
Actionable Insights – We create a clear, easy-to-follow report that empowers you to take confident next steps.
What you walk away from the Clarity Portrait meeting with:
A clear understanding of your income, savings, spending and debt
Knowledge that simple changes will lead to big results
A partner in the journey; we are here for you!
Time Commitment:
1-2 hours to prepare materials to send to Next Chapter Finances
1.5 hours for the Clarity Portrait meeting
Clarity Portrait
- Tailor-made offering for individuals seeking guidance in aligning their budget with current financial goals.
- Expert advice for adjusting the budget due to income changes or evolving financial aspirations.
- The comprehensive package includes a one-hour session to review the existing budget.
- Prepared a checklist to gather essential materials for the meeting.
- Optimize our time together by diving into the heart of your financial situation.
This package is tailored for those who feel comfortable with their cash flow management, but may be facing income changes or evolving financial aspirations and need expert advice to adjust their budget accordingly.
Plans and Pricing
Thrive Coaching
The next step after your Clarity Portrait! Let’s work together!
- 5 one-hour personalized coaching sessions
Would you like a little extra guidance and support along the way?
What we do:
We use your Clarity Portrait report and meeting conversations to design your unique coaching plan
We create a report that is easy to understand and can readily be used to move forward
What you walk away from each Thrive Coaching session with:
A clear understanding of your income, savings, spending and debt
Knowledge that simple changes will lead to big results
A partner in the journey; we are here for you!
Time:
- 5 one-hour coaching sessions
NOTE: Each one hour session will include a 30 minute education session followed by a deep dive into your personal financial plan
Thrive Coaching
- Getting Started: 2 hour session to identify goals and to discuss personalized budgeting systems
- Follow Up #1: 1 hour session, scheduled two weeks after Getting Started session to review cash flow progress, to make necessary adjustments to discuss budgeting tools
- Follow Ups #2-5: 1 hour sessions each to check-in, dive into additional financial topics such as debt consolidation, credit cards, insurance and more.
- All sessions are tailored to your financial goals!
This package is tailored for those who want to reset or start their cash flow plan because of a change in financial situation or wanting to take control of your finances.
Customized Coaching is available following the Thrive Coaching program. Talk with us about details!
Monthly Cash Flow Management
Monthly, Quarterly, and Yearly Check-In Options
Let's Talk!
Ready to Take Control of Your Financial Future?
Don’t face this journey alone. With the support of a financial coach, you’ll be empowered to make informed financial decisions and set a strong foundation for your future. At Next Chapter Finances, we’re here to guide you every step of the way. Let’s work together to build a plan that provides security, stability, and peace of mind during this challenging time.