Financial Organizing, Bill Paying and Record Keeping
Organize and create a system for record keeping
Create Important Documents File including important contacts and financial account locations/beneficiaries
Pay bills, submit medical claims for reimbursement, negotiate disputes
Review monthly bank and credit card statements for potential fraud
Budgets and Statement of
Net Worth
Create monthly income, expense and savings budget
Create analysis of actual compared to projected income/expenses
Prepare a Statement of Net Worth detailing assets and liabilities
Review fees to ensure client isn’t being overcharged for services
Estate Planning
Create financial asset summary to help with estate planning
Consolidate and title accounts (POD, TOD or ITF) in compliance with client’s wishes and estate plan
Assist processing the documents to add or change beneficiary designations
Ensure clients transfer assets into trusts as per attorney’s instructions
Taxes
Organize documents for income and expenses for Income Tax Returns
Track charitable contributions, medical and other expenses to maximize deductions
Confirm extensions have been filed if necessary
Review correspondence and work with CPA when needed
Protection from Financial Abuse and Fraud
Keep client informed about current scams
Review service provider bills to ensure accuracy
Identify and resolve billing errors
Review bank and credit card statements
Review requests for charitable contributions
Review credit scores and reports
Oversee weekly payroll for household and home health aides to ensure accurate reporting and charges
Moving Management
Interview and secure estimates for professional organizers to sort belongings, furniture and art
Arrange for the profitable disposal of unwanted items through auction, estate sale, buy-out, consignment, on-line, donation or a combination of the above
Interview, schedule and oversee movers
Financial Issues of Divorce
Help client complete accurate Statement of Net Worth including a detailed monthly expense budget
Provide client with complete understanding of their financial situation.
Educate clients on the financial pitfalls of divorce
Vet and provide clients with potential mediators/attorneys