Financial and Legal Planning for LGBT Families

People always ask why we as advisers are constantly bugging them about getting their financial and legal affairs in order. We always reply, well, that's what you pay us for--to nag you. Actually, in all seriousness, people are busier than ever these days. We all have a lot of competing demands on our time. As advisers, we can help people use their time efficiently to implement financial strategies for savings or retirement, and make sure all the necessary paperwork is in place to protect their loved ones.

In this economy, it's especially important to seek advice on financial matters. People are more likely than ever to make investment decisions based on emotion, rather than based on following through with a well-considered plan. We could say that this approach applies to legal protections as well. When people are worried about a shrinking economy and its effect on their standard of living, they're less likely to prioritize planning to protect their families and loved ones. Their good intentions of implementing wills and powers of attorney somehow never get carried out. But it's precisely in times like these when such planning is most important. As advisers, we'll help our clients keep a clear head and keep their eye on their goals.

As always, there are changes in financial practices and in the law that people need to know about. They may be asking “what do I do now?” with my investments and financial plan. People want to know about the changes in the laws around various parts of the country regarding same-sex marriages, second-parent adoptions, domestic partnerships, and other issues of concern to our community. We designed our upcoming workshop on Wednesday, May 6th specifically to address these issues and to give people an opportunity to ask their own questions about financial and legal planning matters in this changing environment. It gives us great joy to help people focus on important plans and protections to put in place to further their future goals. Also, with so much misinformation circulating around in the media and elsewhere, we're happy to help people stop worrying about issues that turn out to be unimportant.

Please join us for a free workshop on Wednesday, May 6th from 7:00PM to 8:30PM at the Hilton Suites on 10 E. Thomas Rd. Phoenix. For more information or to RSVP, call Kristine Cheney at 602.604.6216.

We hope to see you there and to help protect you and your family legally and financially in these harsh economic times,


Melissa A. Myers, CFP®, CLU
Camelback Retirement Planners/Commonwealth financial network
2720 E. Camelback Road, Suite 200
Phoenix, AZ 85016
602.424.7503
602.424.7520 fax