CASH FLOW CASE STUDY
When Clients Experience Loss, Clearstead is There

Clearstead works with many clients that are successful both professionally and personally: a loving family,  young grandchildren, a top-notch education, and an enviable financial portfolio. However, life can change quickly, unfortunately when it comes to health, but Clearstead has the resources to act with speed and precision when necessary.

It is not uncommon for Clearstead to work primarily with one spouse, but when an unexpected life change happens, the primary spouse that we work with can become very concerned that their spouse does not have an understanding of their financial affairs when they are gone. In these situations, clients can need help planning for the inevitable, but have limited time to get their financial affairs in order.

CLEARSTEAD ADVISORS CAN  WORK WITH SPOUSES TO TELL THEM WHAT THEY NEED TO KNOW AND CAN GIVE ASSUREANCE THAT THEIR FINANCIAL SITUATION SHOULD BE OK.

Clearstead can mobilize its resources to move quickly to organize a Clients’ life in a way that could protect a spouse’s interests and give the family peace of mind.

Clearstead is able to quickly analyze and ensure that assets are positioned in accounts that can be accessed if a spouse passes before IRS retirement guidelines. Clearstead can also create cash flow projections and revisit estate plans.

Clearstead can also quickly work with our client’s estate attorney to make sure the Clients’ assets are titled correctly, to avoid probate, and update beneficiaries. Sometimes our role is simply to help clients expedite work with their attorney that has been delayed for years.

In these situations Clearstead’s goal is to deliver a comprehensive plan and explain it to the family, giving them the peace of mind they need.  Although Clients’ situations can change quickly causing Clearstead to work in a compressed time frame, Clearstead prepares its clients for these contingencies by revisiting their estate plans periodically.

Because Clearstead is built as a planning, tax, and investment firm, it is able to offer a tightly coordinated, deep-dive review. And when something devastating happens – such as the loss of the primary breadwinner – we understand that’s when our clients benefit from our stewardship most.

Find Your Clarity

We bring our clients objective financial leadership through our fee-only advisory model, which enables us to remain objective. We do not offer proprietary products and take no commissions from product sales: our only source of revenue is fees we receive for financial advice. True to our founding principles, we do the hard work: the day-to-day investment management integrated with organizational priorities and family aspirations.

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Clearstead is an institutional and private client advisory firm that is relentless in providing solutions so our clients can exceed their aspirations and build stronger legacies for their families, their communities, and themselves.

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