fbpx
  • Home
  • Blog
  • Failure and disappointment are where we learn if we allow ourselves

Failure and disappointment are where we learn if we allow ourselves

0 comments

Rarely do we learn from our successes, hopefully we at least enjoy them. From loss, disappointment and pain we find ourselves and our strength. 

When all seems lost, then we ask the hard questions. When money is plentiful most people just cruise along. When something happens and suddenly there is much less or much more money, we suddenly began to think about our financial lives. When someone close to us dies, we think about our estate plan (or lack thereof). 

About 80% of the time an attorney will draft the proper documents for a client’s estate, but the client will not “get around” to making the little changes necessary to insure that are called for in the attorney’s document. An example of this is often found in the example of the Family Trust. As soon as the person dies, inevitably one finds that their IRAs and pension plans leave individual names as beneficiaries rather than the family trust resulting in more paperwork for the attorney and more cost for the estate. 

I think it might be helpful if clients leave their attorney’s office with an action plan and a deadline. Many people do not realize that changing the beneficiary on an IRA is as simple as asking for and filling out a form same with an annuity. Not following through creates more problems and expenses for those who are left behind. 

About the Author

Follow me

Charlotte Mabry, Ed.D.,CeFT, is the Founder of Delphi Wealth Management, a small RIA with a therapeutic approach to understanding our feelings and behavior about money https://delphimgmt.com/.  Established 2021.   You can reach her at charlotte@delphimgmt. or (615)210-5803 cell. 

I think meeting should be easy, not hard. I want you to feel comfortable. Finances are already tough enough.

I'll meet you wherever you are most comfortable (i.e. park, porch, your house, your office, etc.). I'll use words you understand to describe what you need and want to know.

No suits, no ties, no big, intimidating doors, no jargon.

I'm a Certified Financial Transitionist® who has a passion and skill for working with families, especially those with special needs.
Charlotte is a graduate of the School of Healing Arts, has studied Gestalt Therapy with Irv and Miriam Polster and wrote her dissertation on Locus of Control. 


{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}