Financially Ever After Widowhood

By Stacy FrancisBusiness Health & Fitness Kids & Family Investing

Financially Ever After Widowhood episodes

April 01, 2025Surviving the IRS: Innocent Spouse Relief and Other Solutions with Megan Brackney
Is skimping on employment taxes worth the risk? Think again! The IRS is watching, and the consequences could be severe. From personal liability to potential criminal charges, tax attorney Megan Brackney breaks down what you must know about payroll tax compliance—and what happens if you get it wrong. Think an IRS notice is something you can ignore? Not so fast. Failing to respond could mean escalating penalties, wage garnishments, or even asset seizures.

Failing to pay your taxes—or even unknowingly making mistakes—can lead to serious consequences. In this episode of Financially Ever After Widowhood, Stacy Francis sits down with Megan Brackney, a leading tax controversy attorney, to unpack the dangers of employment tax issues, IRS audits, and how to handle tax troubles before they spiral out of control. Whether you’re a business owner, someone dealing with tax issues from a former spouse, or just trying to stay on the right side of the IRS, this episode is packed with invaluable insights and actionable advice.

You'll hear them discuss:
Why employment tax fraud is taken more seriously than personal tax evasion – When you withhold payroll taxes, you’re holding money in trust for your employees and the government. Failure to pay is viewed as theft, making it one of the IRS’ top enforcement priorities.
The IRS’ six-year (or even unlimited!) statute of limitations on tax fraud cases – Just because you haven’t been caught yet doesn’t mean you’re in the clear. The IRS has years to investigate, and in cases of fraud, there’s no time limit at all for them to come after you.
How unpaid payroll taxes can personally impact business owners, CFOs, and controllers – The IRS can go after individuals within a business under the responsible person penalty, making them personally liable for unpaid taxes. If you’re in a leadership role, you must ensure payroll taxes are properly handled.
The real-life regrets of those who got caught—and why it never pays off – Megan shares stories from 20+ years in tax law, revealing how every client who thought they could outsmart the IRS deeply regretted it once they faced penalties, legal fees, and sleepless nights.
Innocent Spouse Relief—what it is and how it can protect you from a former spouse’s tax mistakes – If you’re facing tax liabilities from an ex-spouse’s wrongdoing, you may not have to pay. Learn what qualifies for Innocent Spouse Relief and how to apply.
Practical steps to take if you receive an IRS notice (hint: open it, don’t panic!) – Ignoring IRS letters only makes things worse. Megan explains how to read your notice, understand what’s being asked, and take action before penalties escalate.
How to communicate with the IRS to avoid aggressive collection tactics – Many people fear bank levies and wage garnishments, but staying in contact with the IRS and showing good faith can often prevent the harshest consequences.
Taxpayer rights you didn’t know you had – The U.S. has strong taxpayer protections, but many people don’t realize what they’re entitled to. Megan covers important rights, including appeal options, installment agreements, and offers in compromise.
Why procrastination makes tax problems exponentially worse – The longer you wait, the more interest and penalties pile up. Megan shares key steps to take immediately if you suspect a tax issue, even if you can’t afford to pay the full amount.
How tax issues can impact your financial future, credit, and even your passport – Owing the IRS isn’t just a money problem—it can affect your ability to get business loans, travel, and plan for retirement. Learn how to mitigate long-term consequences.

Resources
Megan Brackney on the Web | LinkedIn
Stacy Francis on LinkedIn | X(Twitter) | Email
FrancisFinancial.com
Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!
54 min
March 18, 2025Navigating Mental Health Law: Supporting Families Through Crisis with Lisa Herman
How do you navigate the overwhelming challenges of supporting a loved one dealing with mental illness or substance abuse when the systems meant to help are failing? And how can you be sure you’re making the right choices when it feels like everything is stacked against you?

In this powerful episode of Financially Ever After, Stacy Francis sits down with Lisa Herman, a seasoned mental health attorney who guides families through some of life’s most difficult situations—mental health crises, substance abuse struggles, and complex family dynamics. Lisa shares her personal journey and professional insight, revealing the emotional and legal challenges that families often face. Together, they discuss the crucial resources and strategies that can make a difference when dealing with a loved one’s mental health or addiction issues. Lisa’s experience gives a unique perspective on how to act quickly, thoughtfully, and with care in times of crisis.

You’ll hear them discuss:
The challenges of navigating mental health and substance abuse systems, and why it often feels like families are flying blind without proper guidance.
Lisa’s personal journey of losing her husband to cancer and how it shaped her understanding of crisis and family support.
The importance of acting quickly and seriously when a loved one expresses harmful intentions, and how to identify when immediate intervention is needed.
The legal mechanisms available to families, including guardianship, Kendra’s Law, and the assisted outpatient treatment law to help manage loved ones with severe mental illness.
How to avoid enabling destructive behavior while still showing love and support for a family member going through a crisis.
The delicate balance between helping someone get the treatment they need while preserving family relationships and communication.
Practical advice for reaching out to the right resources, including psychiatric case managers, security personnel, and legal professionals who can step in during critical moments.

Resources
Lisa Herman on LinkedIn | Email I Phone: 914-607-7010

Stacy Francis on LinkedIn | X(Twitter) | Email
FrancisFinancial.com

Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!
38 min
March 04, 2025Who Will Support You as You Age? Smart Planning for Solo Agers with Marni Blank
Are you really prepared for solo aging? Have you thought about who will care for you as you get older? What about where you’ll live, how you’ll afford care, and who will manage your finances if you’re unable to? Too many people wait until an emergency forces them to make these decisions, but planning ahead can give you control over your future and peace of mind. What if you could make choices now that ensure your later years are filled with security, independence, and dignity? In this episode of Financially Ever After, Stacy Francis is joined by Marni Blank, founder of Begin With The End, to discuss the essential steps solo agers (and everyone else!) should take to prepare for the future. From financial planning to housing choices to organizing your digital life, this conversation is full of critical insights.

You'll hear them discuss:
A powerful way to leave a legacy through handwritten letters and how this simple but meaningful act can create deep connections that last beyond a lifetime.
Solo aging realities and why it’s crucial to proactively plan for healthcare, housing, and financial needs before unexpected circumstances force rushed decisions.
The importance of choice in aging and how making key decisions early allows you to maintain control, rather than having others step in when it may be too late.
Where you will live as you age, whether staying in your home, moving to assisted living, or considering other options, and how to determine the right fit for your needs.
Financial planning for long-term care, breaking down the true costs, what options exist, and why starting early can make all the difference in affording quality care.
The digital side of aging, including organizing passwords, documents, and financial accounts so your loved ones aren’t left struggling to access important information.
Why waiting lists matter when choosing senior living communities and how long delays in availability could leave you scrambling for a less ideal option in an emergency.

Resources
Marni Blank on the Web | LinkedIn | Instagram | Email
Free Plan Well Organizer
Free Legacy Project Ideas

Stacy Francis on LinkedIn | X(Twitter) | Email
FrancisFinancial.com
Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!
34 min
February 18, 2025Grief-Proof Your Assets with Claire Schwartz
When facing the loss of a loved one, is there anything worse than being blindsided by legal battles and financial chaos? The last thing you need while grieving is to be buried under probate paperwork, unexpected family conflicts, or financial uncertainty. In this episode, Stacy Francis speaks with grief coach Claire Schwartz about how to prepare ahead of time so that loss doesn’t turn into a crisis.
They discuss the importance of trusts, delaying big financial decisions, and leaning on the right professionals to help you navigate both grief and financial security with clarity and confidence. Claire also shares insights on managing family conflicts that may arise after a loss and how to approach them with a clear mind and a steady heart.

You’ll hear them discuss:
How probate can be costly and emotionally draining, and why setting up a revocable trust can help assets pass smoothly without legal disputes.
Why grief can cloud judgment and the importance of delaying major financial decisions, like selling a home or changing investments, until you're emotionally ready.
The role of self-care in maintaining both mental and financial clarity—why staying hydrated, eating regularly, and getting rest is non-negotiable during grief.
How breaking legal and financial matters into small, manageable steps can help prevent overwhelm and keep you in control.
The benefits of seeking professional guidance from estate attorneys, financial advisors, and grief coaches to bring clarity and peace of mind.
Why having a neutral, outside support system—whether a professional, friend, or therapist—can help process emotions and navigate difficult family dynamics.
The reality that grief is a long journey, and how thoughtful planning and the right support can make it smoother and less overwhelming.
How to handle family conflicts over assets or decisions with preparation, boundaries, and professional support to maintain peace.

Resources
Claire Schwartz on the Web | LinkedIn | Facebook | Email: [email protected] or [email protected]
Phone: 973-826-2682
Book: Putting out the Fire by Claire Schwartz
Schedule a No-Cost Client Consultation
Fearless Grieving to Fearless Living 3-Month Portal Program
Organizational Support

Stacy Francis on LinkedIn | X(Twitter) | Email: [email protected]
FrancisFinancial.com
Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!
43 min
February 04, 20255 Financial Resolutions for Widows with Natalie Colley
After losing a spouse, how do you regain financial confidence and ensure long-term security? Losing a spouse can leave widows feeling overwhelmed, especially when it comes to finances. But taking control doesn’t have to be daunting—it can be empowering. In this episode, Stacy Francis and Natalie Colley share five key financial resolutions to help widows navigate money decisions with confidence in 2025. From understanding cash flow to making smart investment choices, they break down practical steps for creating financial security and peace of mind.
You’ll hear them discuss:
Why estate planning mistakes can be costly and how to choose the right executor and attorney to avoid complications.
How tracking cash flow (rather than strict budgeting) helps widows feel more in control and prepared for financial changes.
The 50/30/20 rule as an easy framework for balancing needs, wants, and savings, ensuring a sustainable spending plan.
Helpful budgeting tools like You Need a Budget and Good Budget to simplify tracking expenses without feeling overwhelmed.
Why reviewing your investment portfolio is crucial after a spouse’s passing and how to ensure it aligns with your new financial needs.
The hesitation many widows feel about managing investments and how taking control of their portfolio leads to greater financial empowerment.
Why 80% of widows leave their late spouse’s financial advisor and how to find a fiduciary, fee-only, independent advisor who truly supports your goals.
Studies and data - studies show a widow’s income drops on average by 35% after the loss of a spouse, 56% of widows feel less financially secure after their spouse passes away and 80% of widows leave their husband’s financial advisor within one year, often due to feeling unheard or not involved in the relationship.
Key financial decisions that need attention sooner rather than later, including tax-saving opportunities widows should be aware of.

Resources
Natalie Colley on the Web | LinkedIn
Recommendations Fee Only Network | NAPFA | Five Financial Resolutions for Widows 2025 | YNAB | Good Budget
Stacy Francis on LinkedIn | X(Twitter) | Email
FrancisFinancial.com
Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!
31 min
January 21, 2025Avoiding Costly Mistakes in Your Estate Planning with Dahiema Grant
Ever wondered if there’s a secret recipe for reducing your tax burden without sacrificing your long-term financial health? Could your estate planning be leaving money on the table? In this episode of Financially Ever After, Stacy Francis is joined by the brilliant Dahiema Grant, CPA and tax expert, to unravel the intricacies of tax planning and estate strategies. From the basics of income taxes and capital gains to the more complex topics like estate taxes and inheritance planning, Dahiema walks us through strategies that can help you optimize your financial future—whether you're a female entrepreneur or someone navigating personal tax scenarios. With practical advice and a clear focus on the green zone of financial health, Dahiema ensures that you don't have to do it alone when it comes to taxes and estate planning.

You'll hear them discuss:
How understanding tax planning can make a huge difference in your financial future, particularly the difference between income taxes, capital gains, and how each affects your investments. Dahiema explains how proactive planning can help reduce your overall tax burden and maximize your wealth.

The importance of estate and inheritance tax planning, and why it’s crucial to understand how your estate will be taxed when it’s passed down. Even if you think your estate is far from the $13.6 million threshold, Dahiema reveals why filing an estate tax return may still be beneficial to capture exemptions that would otherwise be lost.

The "portability provision," which allows the surviving spouse of an estate to use the unused portion of the deceased spouse’s estate tax exemption. This little-known rule can provide a significant benefit by increasing the amount a surviving spouse can pass on tax-free, potentially saving millions.

How different states have vastly different estate tax rules and exemption limits, and why it’s critical to be aware of these when making estate planning decisions. Dahiema highlights examples like New York’s lower exemption levels and explains why some people choose to relocate to states with more favorable tax policies, like Florida.

Why building a team of professionals—including an accountant, tax advisor, and financial planner—can make all the difference when navigating the complexities of taxes, estate planning, and wealth management. You don’t have to go it alone, and Dahiema emphasizes the value of having the right support system.

The strategy of gifting assets during your lifetime to reduce your taxable estate. Dahiema discusses how this can be a powerful tool, especially for those concerned about estate taxes, but also explains how to balance gifting with the need to maintain financial security for yourself.
Resources
Dahiema Grant on LinkedIn I Web
Email: [email protected]
Phone: 914-380-8462
Stacy Francis on LinkedIn | X(Twitter)
Email: [email protected]
FrancisFinancial.com
Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!
43 min
January 07, 2025Finding Balance in Caregiving with Debbie Weiss
What if learning to say “no” could be the most powerful form of self-care you ever practiced? In this inspiring episode of Financially Ever After, Stacy Francis chats with Debbie Weiss, author of On Second Thought, Maybe I Can and The Sprinkle Effect, about the power of setting boundaries, prioritizing self-care, and living with greater intention. Debbie shares her personal journey of caregiving while pursuing her own growth, offering practical advice for anyone feeling overwhelmed or stretched too thin.
You’ll hear them discuss:
Why saying "no" can be one of the most powerful forms of self-care, especially for caregivers, people-pleasers, and those who feel stretched too thin. Debbie explains how to recognize when it’s time to decline requests — and how to do it without guilt.
How the 24-hour rule for commitments can stop you from over-scheduling yourself. Instead of agreeing on the spot, Debbie suggests giving yourself space to reflect on what truly aligns with your priorities.
Why self-care isn't just massages and manicures. Debbie's decision to learn something new during a caregiving crisis led to an unexpected sense of fulfillment and purpose. She shares how learning and growth can be a powerful form of self-care.
The hidden cost of attending social events you don’t want to go to. If you've ever said "yes" to a dinner only to regret it the moment you arrive, you'll relate to Debbie's story. Learn how to gracefully say no and avoid the "why did I agree to this?" feeling.
How to live intentionally, even when life is chaotic. Debbie shares how she committed to writing her book during one of the most challenging times of her life. Her story shows that even in tough seasons, small, consistent steps can lead to big results.
Why taking care of yourself is the opposite of selfish. Debbie reminds us that if you burn out, the people who rely on you suffer too. Her advice will reframe the way you think about self-care.
How to break free from people-pleasing tendencies. If you struggle to say no because you don’t want to disappoint others, Debbie’s simple strategies — like not over-explaining your "no" — will give you a new perspective.
An inside look at Debbie’s new books, The Sprinkle Effect and its companion workbook. These hands-on tools offer exercises and reflections to help you create a more colorful, fulfilling, and intentional life.

Resources
Debbie Weiss on the Web | LinkedIn | Facebook | Facebook Group | Instagram | TikTok | YouTube | Maybe I Can Podcast | Email
Debbie’s Books: The Sprinkle Effect Book, On Second Thought…Maybe I Can

Stacy Francis on LinkedIn | X(Twitter) | Email
FrancisFinancial.com
Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!
35 min
December 24, 2024[Replay] Honoring Traditions and Making New Ones This Holiday Season with Jordan Schwartz Hendin
Welcome to Financially Ever After Widowhood. As we’re in the heart of the holiday season, we know this time of year can bring both cherished memories and difficult emotions, especially for widows navigating loss. Today, we’re bringing back one of our most impactful episodes from last year, featuring Cognitive Behavioral and Grief Coach Jordan Schwartz Hendin.
We hope this special replay offers comfort, guidance, and a reminder that you’re not alone. Thank you for tuning in, and we wish you peace and support this holiday season. Let’s revisit this incredible episode.
Jordan draws from her personal experiences with grief, having lost her own mother at a young age and supporting her widowed grandmother through multiple losses. Now a professional coach, she works with women struggling with grief and major life transitions. In this week’s show, Jordan and Stacy explore handling loss and loneliness, honoring traditions, and staying financially sound.
The holidays can bring up complex emotions such as sadness, anger, and loneliness. This is normal after a major loss.
Avoid unhealthy coping strategies like becoming an "isolator" or "doer." Don't overcommit to events or hide away alone.
Reflect on your core values. Focus on traditions that align with what matters most, like family time.
Make new memories and experiences, especially with children. Gift experiences rather than material items.
Have open conversations with family about your grief. Don't pretend to be okay if you're not.
Manage your finances by focusing on your values, not material possessions. Stick to a budget for holiday gifts and activities.
You don't have to navigate the holidays alone. Seek support from family or a grief counselor during this difficult time.

Resources
Jordan Schwartz on Website | Instagram | Email | Phone: 917-947-6037

Stacy Francis on LinkedIn | X(Twitter)
Email: [email protected]
FrancisFinancial.com

Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!
40 min
December 10, 2024Navigating the Holidays: Setting Boundaries and Budgets After Loss with Kim Murray
How can you navigate the emotional complexities of the holiday season, set financial boundaries, and plan for a secure financial future after the loss of a spouse? In this insightful episode, Kim Murray, founder of Widow411, shares valuable financial strategies and emotional insights for widows. She discusses how to handle holiday spending, set healthy financial boundaries, and plan for long-term financial goals, all while coping with the challenges of grief.

You’ll hear them discuss:
The emotional pressure to overspend during the holidays and making clear boundaries around gift-giving and social events are crucial. By being intentional about your spending, you can avoid financial stress and emotional burnout during a challenging time.
How material gifts or excessive spending cannot heal emotional pain. Kim encourages widows to be mindful of emotional spending during the holidays and to focus on meaningful ways to celebrate without breaking the bank.
The importance of "paying yourself first." By automating savings (such as maxing out your 401(k) or contributing to an emergency fund), you ensure that your financial goals are a priority, even before paying other bills. This sets a solid foundation for long-term security.
Having separate accounts for specific purposes—such as travel or holiday spending - gives you peace of mind. It helps keep track of your funds and ensures that you don't overextend yourself financially while trying to fund multiple priorities.
Planning for future expenses like car maintenance and retirement. Breaking down long-term financial goals into manageable chunks, like setting aside money for a Roth IRA or emergency savings, makes them feel more achievable.
The importance of having an emergency fund to avoid relying on credit cards when unexpected expenses arise. This is an essential step in gaining control over your finances and avoiding unnecessary debt.
Funding an HSA and how HSAs can be a valuable tool for saving money for medical expenses. HSAs grow tax-free and can also be used in retirement, making them a flexible savings option.

Resources
Kim Murray on the Web | LinkedIn | Instagram | Pinterest | Email
The Ultimate Survival Guide for Widows - helps widows manage and complete the crushing list of to-dos after a spouse dies. It offers step-by-step instructions for essential tasks like managing finances, closing accounts, and navigating Social Security benefits, taxes, and insurance. Practical tools like fillable templates, checklists, and worksheets to simplify complex tasks empower widows to take control and get things done.

Stacy Francis on LinkedIn | X(Twitter) | Email
FrancisFinancial.com
Reach out to receive a complimentary consultation! Contact Francis Financial at +212-374-9008 or visit Francis Financial today!
45 min
December 03, 2024Crafting Stories with Erika Shafer
How do you craft a story that resonates with both investors and customers? In this episode of North Star Leadership podcast, Erika Shafer - a Director for Strategic Communication for Madrona Venture Group, shares her insights on the art of storytelling in business. She highlights the importance of tailoring the narrative for different audiences—investors versus customers—and the key role of authenticity and empathy in making a lasting impact.
Key Insights
Storytelling for investors often focuses on trends, technology, and potential returns, with AI being a recurring theme.
When communicating to customers, the focus shifts to the value they will receive, with less emphasis on technology like AI unless it directly benefits them.
Authenticity in communication builds trust, while using buzzwords like AI without clear explanation can lead to distrust.
Founders must be clear about what the market needs and how their product serves that need, aligning their communication with the audience's values.
Erika shares her experience with writing content for Madrona, emphasizing the importance of balancing expert insights with actionable advice for founders.

Resources
Erika Shafer on Madrona Website | LinkedIn | Email: [email protected]
Lindsay Pedersen - Contact me to tell me who you'd like to hear as a guest! | Connect with me on LinkedIn
28 min

About Financially Ever After Widowhood

From the publisher's feed

Widowhood is the state of being a widow or widower: a person whose spouse has passed away. This is a situation that no one wants to be in, but it is something that can happen, and that you and your family should be prepared for financially. When this kind of painful, life altering event occurs, it's important to have the structure in place for you and your family to be protected, and this year on Financially Ever After Widowhood, Stacy Francis is going to be talking to a diverse lineup of experts, and individuals who have gone through it themselves, to give you the tools and information you need to be prepared.

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