 A Woman’s Guide
Alan B. Ungar, CFP
1997
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This is excellent if you are thrown unexpectedly into a situation where you need take over managing your finances and you haven’t been accustomed to doing it. If your husband dies or you divorce, whether you have more or less money than before, it's crucial for your future security not to make mistakes - and at a moment when generally you are in shock and finances are the last thing you want to think about. This could also be relevant if a parent dies suddenly and leaves an inheritance.
We have so many unconscious feelings about and reactions to money that it is easy to make decisions under pressure that we will be sorry about later on. Ungar is sensitive to the state of mind you are likely to be in, and he clearly lists financial decisions you need to take during the mourning period after you are divorced or widowed, and those that can safely be postponed until later.
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