5 Immediate Steps After a Loved One Dies
When dealing with the emotional pain of the loss of a loved one, family members also have to address daunting administrative tasks.
When dealing with the emotional pain of the loss of a loved one, family members also have to address daunting administrative tasks.
The list of things you need to do after someone dies can seem endless, especially during a time when you are also grieving.
If you have updated your estate plan during the Covid crisis and even found a way to sign your documents while maintaining social distance, do not overlook the last step of trust funding.
Trusts are legal entities that own assets, and all trusts are not alike. They are created by a written trust document with certain provisions that can vary from trust to trust.
It’s never too early to start working on how your things will be handled, once you pass away.
The death care industry — yep, it’s got its own industry moniker — is an estimated $20 billion business. Service Corporation International, a publicly traded company that operates 1,475 funeral homes and 483 cemeteries in 44 states, pulled in more than $3.2 billion in revenue in the past 12 months.
There might be a time in your life when someone you know pulls you aside at a family gathering and says that you’re the designated beneficiary of their life insurance policy.
More and more often, estate beneficiaries are retaining their own attorneys to make sure that the executor properly administers the estate.
When a family member or other loved one dies, the natural response is to feel overwhelmed. However, there are some very practical and legal matters that need to be attended to ‘immediately, if not sooner.’
The most common question I get asked in our Mutual Interview is, “What’s the difference between a will and a trust?” The answer is based on the way each gets treated while you’re living and after you die. Whether you choose one or the other depends on your goals for your plan. [Read More]