Carolinas Healthcare Foundation – Leukemia Clinic at Atrium Health’s Levine Cancer Institute
As cancer costs have skyrocketed, physicians have begun to recognize the severe financial distress associated with a cancer diagnosis as a new health problem, coined “financial toxicity.” The Charlotte Financial Planning Association, the Foundation for Financial Planning and Dr. Knight’s team are working together to study and treat this problem.
If you are a Certified Financial Planning professional (CFP®), then you have the opportunity to serve as a volunteer for our Pro Bono for Cancer program, lending your skills and knowledge to help patients manage their finances so they can focus on getting well.
As a pro bono financial planner, you will advise and/or prepare a brief financial plan for each cancer patient and/or their caregiver. This process may entail:
- Creating and/or examining budget and balance sheets
- Organizing their finances, tracking and reducing expenses, and managing debts
- Troubleshooting and anticipating financial challenges
- Contemplating credit decisions and new uses of assets
- Examining life, long-term care or disability questions
- Work with approximately three clients per year
- Reach out to the client within two days of referral
- Engage with each client up to three/four times including, but not limited to, one meeting for introductions and data gathering, one meeting for planning and one meeting for checking in with the client. Engagements can be done by phone, Skype or Face Time
- Spend a total of two-six hours with each client depending on their needs
- Submit a summary after the first two meeting when finished with the family