Don't Leave Your Retirement Plan to Your Ex - Estate Planning After Divorce

By Kathy Longo, CFP®, CAP®, CDFA

Friday, 08 September 2017

Don't Leave Your Retirement Plan to Your Ex - Estate Planning After Divorce

It is said that change is the only constant. While that proverb can be confusing to people experiencing relative stability in their lives, it is the constant change and lack of certainty that can bring people in the middle of a major life transition to their knees. Transition and change are two very different things, and while one will never stop occurring (change), the other (transition) can feel in the moment like there may never be a light at the end of the tunnel.

One major life transition that impacts approximately half of all families, divorce, is one of the most challenging and stressful life events that a person can experience. The impact is emotional, psychological, physical and financial. The experience of having nearly every single aspect of your life changed is powerful and can take a toll on your will power and decision making skills. Divorce is also extremely challenging because, by its very nature, it is not something most of us typically plan for.

A View from the Top:

By Kathy Longo, CFP®, CAP®, CDFA

Monday, 30 January 2017

A View from the Top:

Finding the path through life's transitions

The Sherpas of Nepal spend their days guiding eager and daring travelers up the treacherous paths of Mount Everest and other peaks of the Himalayas. What they have witnessed in a month is likely more terrifying than what most of us have experienced in a lifetime. And yet, they continue on. Day in and day out, acting as guides to thousands of visitors per year. I admire these Sherpas. Although the paths are dangerous and they will undoubtedly encounter countless obstacles, the ability to embrace the uncertainty that the peaks of the Himalayas hold is part of their life, their livelihood, and their nature.

When it comes to major transitions in our own lives we might pause to take a lesson from the Sherpas. They do not seek to remove themselves from the challenges they face. Rather, they square up and get through, finding the most navigable solution in order to arrive safely on the other side (or to the summit, as it were).

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