Benefits and Services for Busy Professionals

Is the option to use an outside professional to assist or take on your paperwork and financial tasks new to you? Are you hesitant about asking for help doing tasks you’ve always handled yourself?

Benefits

We understand. If you are like our clients, you value your independence but are also looking for ways to simplify and save time.

Maybe you need assistance to keep up with routine paperwork. Or, you simply choose not to spend your valuable time dealing with mail and the necessary follow up.

Perhaps you or a trusted friend or family member have always been able to handle the daily paperwork and occasional bigger financial decisions. But life changes, people get busy, other priorities take over. Life inevitably throws us curves, often unkind or unexpected… and with abrupt change comes a certain amount of chaos. Personal finances are often neglected in the wake of a loss, a lifestyle change, or other transition. There are decisions to make about household services, insurance, taxes, and estate planning. Would life be easier if you had someone by your side helping you make those decisions? Someone with a sense of humor who won’t pass judgment?

Our daily management and financial organizing services are tailored to each client’s needs and preferred ways of doing things. If there are needs beyond our skills and experience, we readily refer clients to a wide range of other trusted service providers. Assurance Family Partner’s daily money management services complement the work of legal, tax and investment professionals to support clients’ long-term financial goals.

Services

Here is a sampling of the types of services we provide for clients, their families, and/or their trusted advisors. This list of services is a starting point. We help determine which services will fit your needs and customize your personal finance organization and management plans.

Please click on each category to see the services lists:

  • Review and pay bills. Handling questions with vendors or contesting unclear or incorrect billing and fees.
  • Monitoring and reconciling financial accounts – Checking, Savings, Credit Cards
    • Detect, research, and resolve financial discrepancies
    • Aid in preventing fraud and financial abuse
  • Income / Expense Management
    • Short- and long-term budgeting
    • Personal balance sheets and expense reports
    • Personal cash-flow analysis
    • Review and rank spending priorities
    • Expense tracking
    • Identify expense reduction options
    • Develop debt-reduction strategies
    • Negotiate with creditors
  • Providing monthly reports to clients
  • Establish auto-pay and direct deposit where appropriate.
  • Create a bill-paying calendar and lists to identify auto-pays, vendors, contact information, etc. for easy reference.
  • Keep an eye on home maintenance needs; connect and communicate with service providers and monitor their activity and invoices.
  • Managing the finances for multiple residences
  • Open and sort mail, determine and carry out the appropriate next steps.
  • Assist with correspondence with service providers
  • De-clutter, organize, and create/update filing systems, identifying what to shred or discard (with the guidance of your attorney or CPA, as appropriate).
  • Locate and organize important documents and key household, financial, and legal information, helping fill in any “gaps” that may exist, for family and fiduciaries.
  • Coordinate with trusted advisors such as attorneys, accountants, investment advisors, and other professionals and provide them with the information, paperwork and reports they need in their work on behalf of our shared client.
    • Organizing tax documents and financial records
    • Coordinating charitable contributions and gifts
    • Assisting with paperwork to update estate, beneficiary, and gifting plans
  • Research, Review, Document, and Troubleshoot
    • Retirement accounts
    • Social Security benefits and payments
    • Eligibility for government programs
    • Medicaid benefits
    • Veterans benefits
    • Analyze income and assets for estate planning
  • Identify and apply for a wide range of benefits (such as property tax exemptions and unclaimed funds).
  • Coming Soon – Massachusetts Mobile Notary
  • Plan and Policy Assessment
    • Decipher policies and other documents
    • Review existing plans
    • Apply for new/additional policies
    • Prepare records and financial analysis for Medicaid applications
  • Interface and Advocate
    • Private insurance companies
    • Medicare and Medicaid
    • Prior authorization departments
    • Pharmacy benefit managers
    • Specialty pharmacies
    • Providers
    • Medical billers
  • Claims Assistance
    • Submit and follow-up claims
    • Verify and track reimbursements
    • Appeal denials
    • Manage long-term care and catastrophic insurance claims
  • Refer/introduce clients to additional services to improve their quality of life and encourage their independence.
    • Attorneys
    • Investment Advisors
    • Financial Planners
    • Accountants
    • Bankers
    • Mortgage Lenders
    • Insurance Brokers and Appraisers
    • Realtors and Escrow Services
    • Professional Organizers
    • Funeral and Cremation Directors
  • If requested, accompany clients on visits to their trusted advisors (financial planner, attorney, CPA), to take notes and ask questions on their behalf.
  • Organize and evaluate financial issues affecting divorce
  • Prepare financial reports for pre-nuptial agreements
  • Interface with Social Security for deceased spouse’s benefits
  • Settle life insurance death benefits
  • Household organization & downsizing
  • Facilitate appraisals and sales of valuables, such as artwork, jewelry, and property
  • Develop debt-reduction strategies and negotiate with creditors

Be prepared for the unexpected by having an experienced financial organizer / daily money manager working for you.

Assurance Family Partners streamlines and manages the financial affairs for busy professionals. Our services are individualized and confidential.

Curious to learn more? 

Assurance Family Partners follows the Code of Ethics of the American Association of Daily Money Managers

Success Story

A working family made up of a husband and wife with a very young child had little insight into how much they were earning, regularly spending in various areas, leveraging daily savings into interest bearing vehicles, and how they would plan for their child’s education.  Through the use of a detailed tracking of historical income and spend on categories for home and business, we were able to evaluate the household and rental business performances as unique entities.  We collaborated on foundational budgeting that drove the rental profit up and became the primary vehicle for the child’s college education.  We were able to offer the couple solid recommendations for financial planners we had in our network of relationships.  The financial planner was able to look at the work we had done and use that as a starting point for building a solid long term financial plan, including estate planning, retirement, and insurance to protect the couple and their children from the unexpected.