In honor of National Estate Planning Awareness Week, which kicks off today, Plancorp is bringing you daily content, tips and resources regarding this crucial aspect of financial planning. Unfortunately, as essential as estate planning is, an estimated 56 percent of Americans do not have up-to-date plans in place. Make sure you’re on the right side of that percentage with these tips.
Our first blog post was penned by Sara Gelsheimer, founder of Plancorp’s Women’s Initiative. Check it out here—Ladies: 5 Things to Know in Case You Outlive Your Spouse—and be sure to watch for new content throughout the week.
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Ladies: 5 Things to Know in Case You Outlive Your Spouse
While women certainly seem to be taking a greater role in making household financial decisions, men still make the majority of them. The unfortunate reality is that women are much more likely to become widowed. In fact, more than 60 percent of women between the ages of 75 and 84 are single or widowed. And that number increases to 87 percent after age 85. See the issue?
