Suddenly being responsible for the family’s financial affairs can be overwhelming even with a clear understanding of different types of financial assets and products. To the individual who may have left family financial management responsibilities to their loved one who is no longer capable of these duties, this new role can feel like it is impossible. So, Jeff asked Scott Goldsmith, Senior Financial Advisor with Ron Blue Trust, to walk us through a sample financial statement and help us demystify these assets. (click on screen to begin video)
Jeff is Certified as an Elder Law Attorney (CELA) by the National Elder Law Foundation, a distinction held by only a handful of lawyers in Indiana. For almost 20 years, he has focused on elder law, estate planning, long-term care planning, Medicaid planning, Veterans Affairs benefits planning, special needs planning, guardianships, and estate administration.