What do I do When a Loved One Passes?

Posted by Creekmur Wealth Advisors on 10:30 AM on October 8, 2020

A checklist of some of the first steps.

When you lose a spouse, partner, or parent, the grief can be overwhelming. In the midst of that grief, life goes on. There are arrangements to be made, things to be taken care of – and in recognition of this reality, here is a checklist that you may find useful at such a time.

First, gather documents. Ask for help from other family members if you need it. Start by gathering the following:

* A will, a trust, or other estate documents. If none of these exist, you could face a longer legal process when settling the person’s estate. If a trust exists, we would recommend contacting the professional or firm who helped set up the document. Depending upon how the estate is set up you may need to secure a Letter of Testamentary.
* A Social Security card/number. Generally, the person’s Social Security number will be retired shortly following the death.

Then, gather these additional highly important items.

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Topics: Widow, Life Insurance, Surviving Spouse, Inheritance

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