Preparing for the Death of a Loved One with Jana Davis

While not always an easy conversation to have, talking and preparing for the death of a loved one is incredibly important. On this week’s episode, we’re joined by Jana Davis, a financial advisor at Abacus Wealth Partners, who specializes in working with octogenarians and people in their later chapters of life. Jana’s approach to financial planning is rooted in empathy and radical candor, making sure that elderly clients are treated with the respect and dignity they deserve. Today, we'll be diving into the importance of having open and honest conversations with our aging family members, making comprehensive plans well ahead of time, and the necessity of having a strong support team in place. Tune in as we explore the critical steps in end-of-life planning and share advice on how to handle these conversations with care and empathy.

For additional resources, information, and a full transcript of the episode, visit our website. To access our podcast disclosure information, visit this page.

What You’ll Learn in this Episode:

• The best way to handle the conversation around finances and health care planning for elderly family members
• What to consider when talking about fears and concerns for those elderly family members
• The best time to start planning for the death of a loved one and some signs to look for
• A few key pieces of information to generate (if they haven’t been already) to make for efficient and effective planning
• What to ask for when understanding the person’s financial portfolio
• Some of the trusted advisors to have on the team as you and your elderly family member navigate these waters
• Why estate planning and expense management is crucial as end-of-life approaches
• The importance of involving your children for the parents’ financial affairs
• How to guard again scams and elder abuse
• Why a balance between empathy and logic in financial planning must be used

Stay Connected:

• Connect with Jana Davis on LinkedIn or reach out at [e-mail] 
• Connect with Mary Beth on Twitter, Instagram, and on LinkedIn 
• Connect with Neela on Twitter, Instagram, and on LinkedIn
• Join the Abacus community by connecting with us on Facebook, Twitter, Instagram and on LinkedIn