How to prepare for the death of your spouse

Clients who are preparing for the imminent death of a spouse have to manage important financial matters to cope with the loss, according to this article on MarketWatch.

They will need to obtain certain documents, such as death certificate and last will and testament. In fact, this article suggests getting at least eight certified copies of the death certificate as they'll be needed for different reasons (for example, clients will need to furnish one to their life insurance companies to receive death benefits) and getting additional copies at a later date is often difficult and time consuming.

Moreover, the article suggests they gather other paperwork, including a copy of their marriage license; the spouse's Social Security number and last statement; their spouse's insurance policy; passwords and logins for online accounts; the spouse's birth certificate; and the spouse's military discharge papers and veteran's benefit statement.

~ Uncle 'D'