There is no such thing as a one-size-fits-all approach to wealth management. This is especially true for non-traditional families that often face a myriad of complex financial and interpersonal situations. Non-traditional families, now the majority in the U.S., can take many forms, including:
- Single parent families
- Blended and divorced families
- Unmarried opposite-sex couples, with or without children
- Same sex-couples, with or without children
- Intergenerational households, such as parents living with, or dependent on, adult children
With the complex and ever-changing legal and economic environment in the U.S., standard financial planning tools can prove severely insufficient in addressing the unique needs and concerns of non-traditional families. Effective planning for non-traditional families requires a high level of coordination between expert advisors, such as attorneys and tax professionals, and creative strategies are often needed to help families find the optimal solution for financial success.
We understand the delicate emotional considerations involved in planning for non-traditional families, as both our clients and firm principals have faced many of these concerns. We partner with you to develop a thorough understanding of the intricate details of your family’s situation, and work to discover your specific financial goals with respect to your family’s unique concerns. When your situation warrants higher levels of expertise, we collaborate with other expert professionals in related fields with the goal of providing greater financial flexibility for your family as challenges and opportunities arise.