What it is
Making sure your spouse/family are okay financially if something happens to you.
How it works
The advisor looks at all your accounts and beneficiaries.
They check: “If you died tomorrow, what happens to this money?”
They suggest ways to simplify: joint accounts, TOD (transfer on death), trusts (with an attorney), etc.
They coordinate with your attorney and tax pro if needed.
Simple Example
Right now, your spouse doesn’t know where anything is.
The advisor helps you:
Make a simple one-page summary of accounts and income sources.
Confirm beneficiary designations are correct.
Plan which income continues (Social Security, pension) and which stops.
So if one spouse dies, the other knows exactly what to do and where money comes from.
Important Disclosure: Descriptions of services on this page are general in nature and are provided for informational and educational purposes only. Actual services are provided solely by independent third-party advisors who participate in the Retirement Readiness Quiz (RRQ) program. RRQ is not a registered investment adviser, broker-dealer, tax professional, or law firm, and does not supervise, control, or guarantee the advice or services of any advisor. Nothing here should be considered personalized investment, tax, or legal advice, or a guarantee of future results. Before implementing any strategy, you should review the advisor’s regulatory filings (such as Form ADV), written disclosures, and engagement agreements, and consult with your own qualified professionals as needed.
