Financial Strategies for Today's Widow : Coping with the Economic Challenges of Losing a Spouse

by David Latko

• ISBN13: 9780743243735
• ISBN10: 0743243730
• Format: Paperback
• Copyright: 2003-06-24
• Publisher: Fireside

Summary

A successful financial counselor with twenty-five years' experience empowers widows to manage their finances and attain lifelong security In many cases, losing a husband also means losing a financial partner. Suddenly, a widow is faced with essential decisions that she must consider single-handedly. With Financial Strategies for Today's Widow, David W. Latko, whose financial seminars have been attended by more than ten thousand people, answers every question a widow may have -- whether she is old, young, or in between -- and guides her out of any money problem. His advice is matter-of-fact, yet reassuring and uniquely tailored to every step of a widow's financial life including how to: • Understand the choices that come with reorganizing one's finances
• Make sure there will always be enough
• Know what your assets are and how to access them
• Choose the right insurance
• Choose a financial advisor User-friendly and replete with real-life stories of those who have benefited from the advice Latko offers here, Financial Strategies for Today's Widow takes readers through potential pitfalls and problems and lays out specific strategies for handling common

Author Biography

David W. Latko, president of Latko Wealth Management, Ltd. and a chartered retirement planning counselor, controls almost $100 million in client assets, and focuses on retirement and estate planning for a clientele whose net worth ranges from $50,000 to $10,000,000. A frequent guest expert on Chicago radio, David Latko maintains offices in Frankfort, Illinois, where he also lives.

Table of Contents

Acknowledgments	ix
Introduction	1	(6)
``So What Should I Do--Right Now?''	7	(6)
``...And Then the Sharks Began to Circle...''	13	(12)
Planning for His Passing	25	(31)
Picking the Right Financial Advisor: Six Questions to Ask	56	(6)
``Greetings, Madam Tycoon!'' (Or, the Games Brokers Play)	62	(30)
``But I'm Too Young to Be a Widow!''	92	(22)
The Second Time Around: The Joy of Prenuptials	114	(11)
Making Sure There Will Always Be Enough	125	(44)
Passing It Along (Or ``Being of Sound Mind...'')	169	(17)
Housing, Credit, and the Joys of Day-to-Day Living	186	(44)
A Taxing Problem: The IRS and You	230	(10)
The World of Scams and Con Games: A Primer for Widows Everywhere	240	(29)
Afterword: The First Day of the Rest of Your Life	269	(4)
Glossary of Financial and Investment Terminology	273	(19)
Index	292