Event Highlights: Power of the Purse

Members of the Bergan Paulsen team attended Power of the Purse: A Financial Seminar for Women presented by the Women’s Philanthropy Council of the University of Northern Iowa and the University of Northern Iowa Foundation late last month.
  

The event was full of great information – including that shared by Partner, Heather Gunderson during the panel discussion – and we wanted to share it with you.  So, we asked our team to share one piece of information.

Erin Bockoven - I was “reminded” of the importance in finding financial professionals you are comfortable with, trust and feel like have your best interests in mind.  I know we (at Bergan Paulsen) do that, but it’s good to know that there are many professionals in other financial roles that also work toward that goal.

Heather Gunderson - I went to a great online banking class.  It was a good reminder of how to be safe when you are banking on the internet – starting with creating a password that is easy to remember but hard for hackers to figure out. 

Liz Koenigsfeld –  I was surprised to find out how little I knew about the different types of Life, Long Term Care, and Disability insurance policies and how they affect me and my future. The speaker was very knowledgeable and allowed us to ask any question that came to mind.  After this session, I feel empowered to find out more about how to take care of my loved ones (and help them take care of me) in the future. 

Liz Lloyd - I learned that I need a will - well someday if I have children, family, etc.  Since this event, I’ve added this to my 18-month-goal list.  To clarify – the will is an 18-month-goal, not the children!
Also, after attending Power of the Purse, I purchased a binder and went through all my important documents and organized them to be readily available if, heaven forbid, something should happen to me.

Becky Miller – A few things that resonated with me are:

• Being named an Executor of an Estate should be viewed as a “nomination.”  Any person named an executor in a will has the right to refuse to serve in that capacity.
• 22% of the US population does not have a will.

If you attended the event and have other additional comments to share, we’d love to hear them.  Additionally, free to contact any Bergan Paulsen member to discuss questions you might have.  Our CPAs have a wide network of professionals they can reach out to in order to connect you with the financial professional for your specific needs.