<p><span style="background-color: transparent; color: rgb(18, 44, 64);">In this episode, we’re joined by </span><a href="https://www.fosterandmotley.com/our-team/bios/rachel-a-rasmussen" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Rachel Rasmussen, MBA, CFA, CDFA®</a><span style="background-color: transparent; color: rgb(18, 44, 64);">, Investment Manager and Shareholder, and </span><a href="https://www.fosterandmotley.com/our-team/bios/joseph-a-patterson?a=jpatterson" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Joe Patterson, CFP®</a><span style="background-color: transparent; color: rgb(18, 44, 64);">, Financial Planner and Shareholder, both at </span><a href="https://www.fosterandmotley.com/" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Foster &amp; Motley, Inc.</a><span style="background-color: transparent; color: rgb(18, 44, 64);"> Together, they navigate the financial and emotional complexities that follow the death of a spouse, offering a compassionate and pragmatic look at planning for one of life’s most difficult transitions.</span></p><p><br></p><p><span style="background-color: transparent; color: rgb(18, 44, 64);">Rachel and Joe outline the importance of preparing in advance. They walk through the steps survivors must take in the immediate aftermath of a loss. From accessing cash and organizing documents to managing ongoing bills and updating estate plans, they explain how thoughtful planning and the right support system can make a significant difference during a deeply emotional time.</span></p><p><br></p><p><strong style="background-color: transparent; color: rgb(18, 44, 64);">Key Takeaways:</strong></p><p><br></p><p><span style="background-color: transparent; color: rgb(18, 44, 64);">(01:08) Take time before making major financial decisions.</span></p><p><span style="background-color: transparent; color: rgb(18, 44, 64);">(02:37) Rely on a support network of professionals and loved ones.</span></p><p><span style="background-color: transparent; color: rgb(18, 44, 64);">(05:35) Prepare necessary documents to facilitate transitions.</span></p><p><span style="background-color: transparent; color: rgb(18, 44, 64);">(08:28) Ensure continuity of income through proper coordination.</span></p><p><span style="background-color: transparent; color: rgb(18, 44, 64);">(11:54) Keep an organized overview of financial assets.</span></p><p><span style="background-color: transparent; color: rgb(18, 44, 64);">(15:06) Set up account access in advance to avoid complications.</span></p><p><span style="background-color: transparent; color: rgb(18, 44, 64);">(19:49) Safeguard and share digital access information appropriately.</span></p><p><span style="background-color: transparent; color: rgb(18, 44, 64);">(20:54) Communicate the location of key legal documents.</span></p><p><span style="background-color: transparent; color: rgb(18, 44, 64);">(26:48) Reevaluate financial plans and goals as circumstances change.</span></p><p><br></p><p><strong style="background-color: transparent; color: rgb(18, 44, 64);">Resources Mentioned:</strong></p><p><br></p><p><a href="https://www.fosterandmotley.com/" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Foster &amp; Motley, Inc.</a> | Website</p><p>https://www.fosterandmotley.com/</p><p><br></p><p><br></p><p><strong style="background-color: transparent; color: rgb(18, 44, 64);"><span class="ql-cursor"></span>Connect with Joe Patterson and Rachel Rasmussen:</strong></p><p><br></p><p><a href="mailto:[email protected]" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">[email protected]</a></p><p><span style="background-color: transparent; color: rgb(18, 44, 64);">+1 513-561-6640</span></p><p><br></p><p><a href="https://www.fosterandmotley.com/" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Foster &amp; Motley</a></p><p>https://www.fosterandmotley.com/</p><p><br></p><p><span style="background-color: transparent; color: rgb(18, 44, 64);">LinkedIn: </span><a href="https://www.linkedin.com/in/josephapatterson/" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Joe Patterson</a></p><p>https://www.linkedin.com/in/josephapatterson/</p><p><br></p><p><span style="background-color: transparent; color: rgb(18, 44, 64);">LinkedIn: </span><a href="https://www.linkedin.com/in/rachel-rasmussen-cfa-cdfa/" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Rachel Rasmussen</a></p><p>https://www.linkedin.com/in/rachel-rasmussen-cfa-cdfa/</p><p><br></p><p><span style="background-color: transparent; color: rgb(18, 44, 64);">LinkedIn: </span><a href="https://www.linkedin.com/company/fosterandmotley/" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Foster &amp; Motley, Inc.</a></p><p>https://www.linkedin.com/company/fosterandmotley/</p><p><br></p><p><br></p><p><br></p><p><span style="background-color: transparent; color: rgb(18, 44, 64);">#WealthManagement #FinancialPlanning #InvestmentAdvisory #WealthManagementPodcast</span></p>