Financial Planning for Single Parents

We understand the precarious position of single parenthood. We appreciate their need for a trusted adviser who could primarily take care of their / children or dependents wellbeing. We help them prioritize their needs, protect and safeguard their assets, wealth and draw out a cool proof financial plan that would ensure total peace of mind.

Single Parenthood is defined as one or more children dependent on one parent. Cause of single-parent family structure may be that the other parent could have passed away, been divorced, or abandoned the family. Today we see all sorts of single parent families, headedby mothers or fathers or by a grandparent raising their grandchildren.

Life in a single parent household is quite stressful for the adult and the children. Singleparents have loads of responsibilities. Not only do they act as the sole provider of care an demotional support, but they may also be the only financial provider for their children. Singleparent needs to multitask all the time to create a balance that meets both the emotionaland financial needs for

Unforeseen events like losing a job or becoming ill or death or incapacitation can be morecatastrophic for the dependants. The ultimate goal of any single parent is to achievefinancial peace of mind that ensures a solid financial future for their children.

Personal Financial Management has its own priorities. This can range from securing and safeguarding the inheritance/settlements to identifying and appointing legal guardians for your minor children to writing wills to managing liabilities to redeploying money based on yourgoals.

As a single parent, you know how difficult it can be to stay on top of everything. You also know by now that it is important to speak with a professional who can guide you through all your money matters.

Financial Services for Single Parent

  • Planning for Contingencies
  • Risk Management & Insurance Planning
  • Financial Needs & Goals Planning
  • Wealth Management
  • Debt Management
  • Tax Planning
  • Retirement Planning
  • Succession (Estate) Planning

How we make your financial plan?

  • Introductory Meeting

    We have detailed most of the common queries in FAQ section. In the first meeting we try to get a basic understanding or your needs, objectives and past experience. We will tell you how we can assist you and our fee structure. There will be no fee for this meeting.

  • Engagement & KYC formality

    If you wish to engage us we will start with formal Letter of Engagement (LoE) and mandatory simple KYC formality.

  • Risk Profiling and Data Gathering

    We do Risk profiling to understand your risk appetite and your preferences. We also gather your basic data covering your personal and financial profile.

  • Draft Plan Presentation

    We will take you through the draft plan created on the basis of the data given to us. We will note down any changes in numbers, further information, thoughts and Scenarios etc. to incorporate in the final Plan.

  • Final Plan Presentation

    The Final plan will be presented with detailed, actionable recommendations. Once the client has understood the plan and rational behind our recommendations, the financial plan engagement comes to an end.

  • Execution / Implementation

    This is very important step. Plans and strategies without implementation is nothing betterthan hallucination. We do not execute. We shall handhold you to execute or overseeto make it perfect. This is an add-on service.

  • Review

    There will be general review as per the schedule of Engagement Letter to check implementation progress and Investment performance Review.

So what next, Online scheduling simplifies things for you & me. Just fill up the free consultation form below and we'll discuss it to make your money work for you!

Schedule Your Free Consultation

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