3

I'm currently researching options for my partner to manage the money she'd get, in the event of my death.

In short my wife is not financially literate, but if I died would be coming into an individual term payout, a group payout, and the money accrued in my pension plan - roughly 850k. At this time we have one child, and plan to have another in a few years.

How do I find an honest and effective financial adviser? Essentially I'm hoping to minimize the likelihood that someone cheats her, or makes an unwise decision with her payout.

Cdn_Dev
  • 481
  • 4
  • 10

2 Answers2

1

Is your wife interested (or could she be interested) in becoming financially literate?

If so, that's your focus. If not, then you need to arrange things to function without her intervention at your passing; arranging your affairs now with a trusted advisor so that she doesn't have to depend on advice you don't trust after you're gone.

spuck
  • 898
  • 5
  • 10
-2

It practically hard to get trusted peoples in life. Peoples can be trusted after years of knowing each other even that sometimes do not work. Money is the root of mostly all the problems on the planet. People changes for money, it can breaks families, it can break every relationship.

But we can definitely get professional peoples after due research and diligence who are true to their profession based on years of professional experience and based on reviewing their already existing clients base.