Background
Margot and her wife are currently going through divorce proceedings. Her wife typically handled their finances, so Margot needs to better understand good financial habits and her cash flow. She wants to update her life insurance policy to protect her children, and plan for care for her elderly mother.
Results
Margot’s team at Advisor spent their first few weeks going through the basics of investing. Their conversations spanned asset classes, saving strategies, and goals, building a cash flow strategy around Margot’s needs and ambitions. After reviewing her work benefits, they found a term life insurance policy that lasted through her youngest child’s final year of college. They also discussed options for long-term care insurance and began pricing out facilities for Margot’s mother, so she’d be prepared for the expense when the time came.
