Who Is Better Equipped?

From my experience in life, and especially as a Tax Professional, most couples tend to have "financial chores" handled by the one that either does it best, or the one thagt doesn't mind doing what can be a chore. or sometimes by the "take charge" one. The bad news is that the other partner often so totally delegates that responsibility that they don't know how their finances are doing, where financial records are, etc. Should the "financial" partner leave or die, the loss of the person is magnified by the fear of financial loss due to ignorance. The sterotype is often the worst case, where a little old lady loses her husband, who always handled anything financial, and now she is dealing with financial fears as well as her grief. I've had three such women as clients just in 2007, all in different situations but all very worried about money. My goal is help them understand what the federal and state tax authorities require of them, and then "get it done" before helping them find trustworthy resources for the other financial issues they face. It is great to see such a person feel they have some control over a complicated part of their life, and to see their self-confidence grow. It is truly one of the most satisfying parts of my work--and I don't forget it when I meet a recently married couple. Most of them come back, so I think they appreciate the suggestions.

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