Losing a spouse can be difficult, so it is important to prepare now and save your family some heartache when the time comes. Upon the death of a spouse, you should be aware of where to locate important documents and lists of personal assets. Additionally, it will be important to retain several copies of the death certificate because additional copies are hard to obtain later after realizing their necessity for several issues. Make sure you also have access to an account to pay any expenses like funeral costs. Further, you should discuss with your spouse their wishes and any retirement plan documentation. Preparing for the death of a spouse can make a substantial difference in difficult times.
See Art Koff, How to Prepare for the Death of Your Spouse, Market Watch, December 8, 2016.
Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.
