Wed Apr 24 2024, by Tyler Gardner

Financial PlanningLoss of a SpouseWidow SupportEmergency FundsInsurance Awareness

Mom, dad died.

What? Well, not really, but let's pretend he did.

Why? Because the average age of a widow in the U.S. is 59, mom. You are 58.

Okay, so what can I do? Here's what you need to do right now:

  • Make sure you have access to all electronic accounts, usernames, and passwords, and that both of your names are on all accounts.
  • Make sure you have access to all physical deposit boxes and safes.
  • Make sure you know about every insurance policy, both what and who is covered.
  • Make sure you know who dad's attorney and financial planner are and how to contact them.
  • Make sure you know if dad has a will and where it is, or a trust and who runs it, and of any advanced medical directives.
  • Finally, make sure you have an emergency fund just in case you need some breathing room while you figure this all out.

Where did you learn about this? Just follow Social Cap. It makes complex finance seem easy.

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