Guest: Paula McMillan, CPA/PFS, CGMA, Senior Financial Advisor at Stearns Financial Group

Category: Technical

“Widow” can feel like a 4-letter word. In this episode, Paula McMillan, CPA/PFS gives an overview of the unique financial issues and challenges that women face as a surviving spouse and your role as their CPA adviser in helping them with their financial life plan and make sound financial decisions. She answers the questions:

What are the actions and words you can use when interacting with your client who has just lost their spouse?
What are the complex financial issues that widowed women face?
How can you build trust with your women clients and support them so that you can help them through this transition?

Access the related resources from this podcast:

Broadridge Advisor’s Women’s resource center (free access to PFP/PFS members) includes extensive-content written by CPAs, attorneys and other experts on planning strategies, new relevant laws, etc. that are articulated in client terms.
Retirement planning podcast series by Paula McMillan

Don’t miss the other episodes in this series, Women & Wealth: Her Unique Needs:

Women taking the reins: financial influence on the move
Breadwinner women: sandwiched between career, children, and caregiver
Women navigating divorce: independence and finances
Widow can feel like a 4-letter word: supporting the surviving spouse

The episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice and by the CPA/PFS Credential program which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits.

Don’t miss an episode – subscribe to our podcast series on iTunes or Pod-o-Matic! Just search for “AICPA Personal Financial Planning” on any Apple, Android or Windows device from your web browser or favorite podcast app.

Women & wealth: Supporting the surviving spouse (Part 4 of 4) {PFP Section}

AICPA Personal Financial Planning (PFP)