Ep # 144 Trust, Care, Loyalty: The Fiduciary Solution for Solo Agers

What happens when there's no one to manage your finances as you age? This question haunts millions of Americans aging without traditional family support networks.

Jennifer Szakaly, co-founder of Silverstone Financial Fiduciary, reveals how her decades of gerontology experience led to creating a solution for this growing demographic crisis. With the fastest-growing segment of older adults being those without children or family support, Jennifer identified a critical gap in elder care services – professional fiduciaries who can serve as financial power of attorney agents.

The conversation delves into the practical challenges solo agers face: unopened mail piling up, utilities being disconnected due to unpaid bills, and vulnerability to financial scams. Jennifer explains how Silverstone bridges this gap through a fiduciary relationship built on trust, care, and loyalty, working alongside existing financial advisors and CPAs rather than replacing them. Her partnership with Philip Markson combines her care management expertise with his financial acumen to create a service that helps prevent court-appointed guardianship – a situation that strips individuals of their rights and should be "avoided at all costs."

Most compelling is Jennifer's insight into the psychology of aging: "We just don't want to believe that, as we age, we're ever going to get to a point where we can't do something ourselves." This denial leads many to delay critical planning until it's too late. For adult children living far from aging parents, Silverstone provides peace of mind through local oversight and coordination of services.

Whether you're planning your own solo aging journey or supporting an aging loved one, this episode offers crucial insights into protecting financial independence and dignity through professional fiduciary services. Visit SilverstoneFF.com to learn how professional financial fiduciaries can provide the support network many Americans increasingly need.

Silverstone Financial Fiduciary

Jennifer Szakaly

704-7

49-3118
6135 Park South Drive, Suite 510, Charlotte, NC 28210
[email protected]
silverstoneff.com