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Stacy francis financial8/9/2023 ![]() ![]() They will be a sounding board and team member to help you navigate settling your spouse’s estate and building a financial future that gives you comfort, knowledge, and security.” Shepis shares, “If you are overwhelmed, if you are afraid, or if you are concerned about your finances, find the ideal financial advisor. This support team should also have a fee-only, fiduciary financial advisor specializing in working with widows like yourself.Īlexandra Shepis, CFP®, CDFA®, is a financial advisor working at Francis Financial and brings her own loss experience to her work. Your support system may include your family, close friends, and licensed mental health professionals. Instead, it is better to take some time and assemble a support system to help you navigate through this painful time.” Sichel continues, “It is typically not the best time to make important financial decisions that cannot be reversed. ![]() Grief can be exhausting, leaving people feeling tired, weak, and not at their best. It is common knowledge that grief can affect us emotionally, but few realize that the loss of a spouse also causes physical and mental symptoms.”ĭuring this time, common physical grief responses include mental sluggishness. Grief is a powerful response to a loss that impacts us in many ways after a personally painful or traumatic event. Sichel shares, “Many people mistakenly believe that grief only impacts your emotions, but that is not the case. Despite my constant concern, I did not have the mental capacity to do anything else but make it through each day.”Īccording to Cindy Kasovitz Sichel, LCSW, a psychotherapist in New York City for over 30 years, Lily is not alone. I most worried that my girls wouldn’t have the college education and head start in life that my husband and I wanted for them. However, it did not mean I was not worried. Recalls Lily, “Beyond meeting our day-to-day needs, I just ignored the finances. Lily struggled to make financial decisions complaining of a brain fog that was so powerful that it felt like she was intoxicated at times. Lily admitted that the first six months were a vortex of overwhelming and inescapable pain. At only 53, Lily did not expect such a sudden loss and had many concerns about providing for her twin teenage girls. During his commute, Dan suffered a massive heart attack that was fatal. Unfortunately, her 57-year-old husband never came home. ![]() One crisp and clear spring morning, Lily’s husband set off to work commuting into New York City. ![]()
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