February 2023: Divorce Planning
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COVER STORY
Helping Hand: Advising Divorced and Divorcing Clients
By Danielle Andrus
Helping clients navigate difficult emotions and complex financial planning during a divorce or long after one can be challenging but rewarding.
PRACTICE MANAGEMENT
Employee Benefits that Can Give Your Firm the Competitive Advantage
By Jessica Harrington, PCC
Business owners must design a benefits package that suits their ideal candidate’s needs.
FEATURE
To Best Connect with Clients, Connect with Yourself
By Julie Fortin, CFP®, FBS, CeFT, and Mary Martin, Ph.D.
You can’t truly understand other people if you don’t understand your inner self.
FPA NEXT GENERATION PLANNER
Featured Article
Fostering Digital Relationships as a Financial Counselor
By Greg Sloan, CFP®, CEPA
My Career Path
Danielle Miura on Caring for Others
Tips for the NexGen Community
The FPA Community Weighs in on Tech Solutions
Planning a STUDY GROUP? Check out suggested questions and other resources to make your study group a success!
COLUMNS
Longevity
A Model for Proactive Health Event Planning and Response
By Chris Heye, Ph.D.
A single health event can have a broad impact on clients’ current and future financial situation.
Insurance Planning
Living in a Highly Litigious Society: Liability Protection for Your Clients and Yourself
By HanNa Lim, Ph.D., CFP®, and Matthew Sommer, Ph.D., CFP®, CFA
Excess liability insurance as well as errors and omissions insurance can provide further peace of mind for financial planners and HNW clients.
Succession Planning
Navigating the Emotional Journey When Selling Your RIA
By David DeVoe
Planning-firm owners’ dilemma to sell or not is almost always motivated by fear or by aspiration.
Estate Planning
How Portability Can Be an Impactful Estate Planning Strategy
By Philip Herzberg, CFP®, CDFA, CTFA, AEP
Recent changes to portability rules by the IRS make them even more attractive for some married couples.
RESEARCH
The Influence of Risk, Financial Literacy, and Trust on Financial Advice-seeking Behavior in a Cross-racial Examination
By Eric T. Ludwig, CFP®; Stuart J. Heckman, CFP®; and Megan McCoy, Ph.D., LMFT, AFC, CFT-I
It is vital to understand how much, how, and why different groups of people reach out for help, particularly to financial planners, if we are to help close the wealth gap.
Earn one CFP CE® credit by reading this month's Journal and access past exams for additional credits.
CALL FOR PAPERS
At FPA, we value our members of the academic community. The Journal of Financial Planning is once again accepting extended abstracts (1,000 to 1,500 words) of unpublished research to consider for presentation at the FPA Annual Conference in Phoenix, September 27–29, 2023. Learn more HERE.
DEPARTMENTS
STARTING THOUGHTS
The Art of the Raw Deal
By Danielle Andrus
OBSERVER
Stats and Facts
Stat Bank
JFP ACADEMICS
Upcoming Research
IN CASE YOU MISSED IT
Which Social Security Claiming Strategy Generates the Highest Legacy Value?
By Wade D. Pfau, Ph.D., CFA, RICP, and Steve Parrish, J.D., RICP, AEP, ChFC, CLU
It’s time to analyze whether delaying Social Security as long as possible for a higher payout or claiming earlier to invest the distribution provides a longer lifetime value.
