406 Science Drive
LGBTQ+ financial planning is specialized. We understand that there are unique characteristics involved that might make it harder for you to feel comfortable with your current financial picture. We are dedicated to helping both couples and individuals develop a plan that provides for the now, your future, and beyond. This includes an aerial view of your financial life addressing your investments, employer benefits, tax situation, and your estate plans. Together we will replace the lingering uncertainty with a better path, one that provides confidence and success.
You can count on us being your Ally and your advocate. Our Founder, Carrie Waters Schmidt, recognized the various disparities and built her graduate degree thesis on the unique needs and planning differences of the LGBTQ+ community at the time. Shortly thereafter she became Madison's first Accredited Domestic Partner Advisor to better serve her clients. Since then marriage equality has been ratified and there is no longer an overwhelming difference in planning, though there are still unique issues to address. She has been published several times in Our Lives magazine discussing issues such as Long Term Care Insurance for women in same-sex relationships, optimizing Social Security for married couples, and simple financial fixes for domestic partners and unmarried couples.
In Carrie's July 13, 2020 blog post she warns of how a recent audit report showed more than 15,000 widows and widowers were being underpaid by Social Security. The Social Security Administration is supposed to review all cases annually but obviously some slip through the cracks. What's more is, this could apply to divorcees as well, depending on how long your marriage was and whether or not you remarried.
In Carrie's blog post from February 25, 2020 she explores the ramifications of the newly passed SECURE Act for unmarried couples.
Learn how you can screen your investments to ensure you’re only investing in companies that align with your core-being, and why you might want to do that (financially-speaking).
Knowledge is power, so read this to find a thorough step-by-step outline of what to know when you're applying for insurance, how different insurances are underwritten and what's needed to open an investment account.
In Our Lives Magazine's August 2016 issue Carrie was interviewed by Abigail Churchill, JD, regarding how investments can be passively funding firearms and therefore endorsing hate crimes. Read more on pages 58 - 60 in the article titled Are You Passively Funding Firearms?
Our Lives Magazine's April 2014 issue features Carrie's article titled Social Security Rules for Married Couples on pages 42-43.
Our Lives Magazine's February 2014 issue features Carrie's article titled In It for the Long Haul can be found on page 46.
Click HERE to download an informational booklet outlining how your financial and estate needs may present different challenges than other partnered couples.