(865) 357-7370 kim@sdp-planning.com

It can feel overwhelming when your spouse passes away.

Dealing with the emotional aspect of losing a spouse is tough enough, but surviving spouses can become overwhelmed dealing with final arrangements, locating account information, dealing with insurance claims, and adjusting to life at home.

To prepare for an unexpected death, couples should communicate about their financial lives and ensure there are plans in place to find everything. Start with wills, powers of attorney, and medical directives. Make a list of all of your accounts including banking and retirement accounts. List real estate properties and other important valuable property and don’t forget to keep safe deposit box information and keys available.
 
Having tools to help with the financial aspects can relieve some of the burdens. One way the team at SDP helps is by using technology to aggregate all accounts and liabilities, as well as provide access to an online vault to store legal documents and other important items.