After the Death of Your Spouse: Next Financial Steps for Surviving Spouses

As a surviving spouse, you might find yourself overwhelmed by all the administrative to-do items that you have to handle soon after the death of your spouse. There’s a lot to do, much of which you’ve never done before. And you’re supposed to get it all done while grieving.

This book walks you through it, in plain language.

Part One: Immediate Next Steps

1. Learn the Terms (The Estate Administration Process)

2. Getting Organized

3. Notifying Necessary Parties

4. Initial Responsibilities as Personal Representative

5. Updating Your Own Estate Plan

Part Two: Intermediate Next Steps

6. Social Security Planning

7. Further Responsibilities as Personal Representative

8. Handling Inherited Retirement Accounts

9. Additional Options as a Beneficiary and Surviving Spouse

10. Tax Returns

11. Reassessing Your Own Finances

12. Reassess Your Portfolio

13. Finding Professional Assistance

Conclusion: What’s Next?

Appendix A: Does an Inheritance Create Taxable Income?

Appendix B: Social Security Widow(er) Benefit Math Details

Appendix C: Dealing with Trusts

Author: Mike Piper
Binding Type: Paperback
Publisher: Simple Subjects
Published: 10/24/2022
Pages: 154
Weight: 0.38lbs
Size: 8.00h x 5.00w x 0.36d
ISBN: 9781950967124
Language: English

This title is not returnable