Join WEST on September 21, 2021 from 5 – 6:15 p.m. Eastern time for a free financial planning webinar from RBC Wealth Management Advisors Gabrielle Clemens and Lisa M. Austin. Gabrielle and Lisa will draw on their combined experience in estate planning, family law, and sustainable investing to walk attendees through the basics of planning for an unpredictable future, focusing especially on the risks of cognitive decline. They'll discuss how to approach and understand options for structuring finances to answer the question, "What if something happens?"
Gabrielle’s experience as a trust and estates attorney gives her a unique perspective on financial planning for family expenses and the importance of setting up a trusted contact to manage money in case of cognitive decline. In her nearly 30 years of experience with both legal and financial clients, she has become deeply familiar with the many different situations people face in approaching and navigating caregiving expenses. Lisa helps clients integrate environmental, social and governance (ESG/Impact Investing) into their portfolio and offers a holistic approach to financial planning focusing on wealth and estate preservation strategies.
In this workshop, Gabrielle and Lisa will address financial planning and risk management at different times of life. For some—the “sandwich generation”—current caregiving responsibilities for parents, children, or both may be the primary concern. Others may be focused on planning for their own future care and setting up trusted contacts, power of attorney, or long-term care insurance. Gabrielle and Lisa will provide actionable ideas to prepare for the unexpected now and in the future.
The workshop will also cover ways to address roles and responsibilities in caring for elderly parents or other family members, especially as they face cognitive decline. This can be a long, stressful, and emotional journey. Understanding warning signs, assessing options, and implementing a plan early in on can help with the management of financial risks and logistical hurdles.