What is Transitional Planning?

After the death of a spouse the surviving spouse has many hurdles to overcome. They are dealing with grief and loneliness, settling their spouse's estate and adjusting to new responsibilities. In addition, their household income has reduced causing stress and worry over finances.

 

The period of time it takes for the surviving spouse to adjust to their new lifestyle is commonly referred to as the "Transition Period."  A normal timeframe for this process is 12-24 months.

 

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Understanding the Tax Impact

What is Provisional Income?

 
 
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