Jude Boudreaux, CFP®, Senior Financial Planner at The Planning Center, was recently interviewed for a Forbes article discussing initial steps to assist new widows in managing their finances. Recognizing the immense stress and emotional burden of losing a spouse, Boudreaux advises beginning with the collection of essential documents.
Jude goes on to recommend that collaborating with a trusted support team can mitigate feelings of isolation and being overwhelmed. Establishing a network of professionals, such as a wealth advisor, estate attorney, and accountant, alongside the support of a friend or family member, can provide necessary structure. It is crucial to progress at a pace that feels comfortable, as this will differ for each person. For further details, read the full article.
