A Family Member in Prison? You are Not Alone

The painful stigma and financial hardship of having a family member in the prison system can last for generations. A financial adviser offers her personal perspective and some resources that could help.

A woman visits her husband in prison.
(Image credit: Getty Images)

Early in my career, I met a young woman who had it all together. “Kristen” had a great career and was a loving mom. She was well respected, both personally and professionally. Kristen had never been in trouble; she was a rule-follower.

When a friend was getting married, Kristen was the one who arranged the hotel for a bachelorette party, so no one would drink and drive. The morning after the party, when Kristen was driving home, another car ran a red light and T-boned her. The driver died. Kristen had a blood alcohol content slightly over the legal limit and was charged with second-degree vehicular manslaughter.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

Erin Wood, CFP®, CRPC®, FBSⓇ
Senior Vice President, Financial Planning, Carson Group

Erin Wood is the Senior Vice President of Financial Planning at Carson Group, where she develops strategies to help families achieve their financial goals. She holds Certified Financial Planner, Chartered Retirement Planning Counselor and Certified Financial Behavior Specialist designations.