Insurance & Taxes
Insurance
Insurance is pervasive in our lives - Life, Auto, Motorcycle, RV, Boat, Home, Renters, Liability, Flood, and Dependent Health insurance, to name a few.
Each plan will need to be evaluated. Not everything can be can be canceled immediately!
If there are rental properties, and the renters have leases, they may not have to move out immediately.
Likewise, if a relative is living in the deceased's home, they may have to stay on until other arrangements can be made.
Normal insurance policies for liability, for example, would have to be continued.
There is also the issue of life insurance - usually one way to immediately access to liquid funds. However, if you are widowed and have young children, you might want to check with your insurance agent to discuss the various options that will enable you to optimize the ionger term benefits for your children.
Again, a reminder
FOR ALL FINANCIAL ACCOUNTS: PROVIDE CURRENT/UPDATED DETAILS
- Account/Portfolio Number
- Name & Address of your Financial Institution
- Contact Information at that Institution
- Name of Any Join Signatories/Key Holders
- Contact Information for Each Beneficiary
More on Financial Details
Accounts & Benefits
Remember: - unless a bank account is a joint account, you will not be able to access the money. Did the deceased qualify for government benefits?
Investment Portfolios
Generally investment accounts have specific beneficiary designations. These portfolios may be taxable or non-taxable retirement & educational savings or cryptocurrency accounts and more
Other Featured Sections
First Steps
Death Planning
Death Planning
Step-by-step guide on what to do first. Calls, Paperwork, Care Arrangements and more...
Funerals, Etc.
Death Planning
Funerals, Etc.
Where do you start? Physical remains, funeral options, death certificates, memorial services and more...
Real Estate
Digital Footprint
Funerals, Etc.
Key reminders on seuring residences - owned or rented, apartments or houses - after a loved one's death
Digital Footprint
Digital Footprint
Digital Footprint
What you need to know to protect and eliminate the deceased's digital presences
Subscriptions
Subscriptions
Subscriptions
Funny, helpful and special stories that others have shared to helpyou through the process
Checklists
Subscriptions
Subscriptions
Funny, helpful and special stories that others have shared to helpyou through the process