Death of a Loved One

younger woman's hands comforting elderly woman's hands

In the wake of a loss, money may be the last thing on your mind.

Losing a loved one can be overwhelming and emotionally draining. And in the wake of that loss, money may be the last thing on your mind when making arrangements and picking up the pieces.

Of course, there’s no one right way for you and your family to address the most common issues that arise when faced with a loss. And while many decisions can be postponed while you’re grieving, we understand there are practical matters that may need your attention right away.

You won’t have to do this alone – you can count on us to help you with:

  • Immediately after a loved one's passing ...

    Your main concern should be your own well-being and that of those you love but there are some practical matters that may need your attention:

    • Confirm final arrangements and determine how you’ll pay for them.
    • Coordinate with your team of professional advisors on legal, financial and estate matters.
    • Arrange for cash flow and income to ensure expenses continue to be covered.
  • As you continue to heal after a loss ...

    There are a number of decisions you will begin to face in order to start focusing on life again:

    • Apply for survivor, Social Security and insurance benefits.
    • Update titling on accounts and tangible property. Notify creditors and close necessary accounts. Locate insurance policies and file claims as needed.
    • Settle the estate and work through any inheritance decisions.
  • Using what you've learned from this emotional time ...

    Consider whether or not you’ve made the necessary preparations for your own future.

    • Evaluate inherited assets and changing financial needs and discuss their impact on your financial goals.
    • Work with your tax professional to file applicable taxes and steps to minimize future tax implications.
    • Review and update your estate plan documents and insurance policies. And discuss the details with your family.