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Monday, June 25, 2018

Tickled by this quote! NIMI’s Money Tips for Widows:

Societal norms make it awkward for a widow to leave her home so soon after her spouses death, so you will need to delegate some tasks. Assemble a support team of trusted advisors to attend to important issues, acting on your behalf as appropriate. 


It is only natural for close family members and friends want to give you advice. Listen,
thank them politely and continue with your plans. You need independent, unbiased, objective guidance from those that can review and evaluate your financial position and provide holistic, comprehensive suggestions and solutions.  

It is important to find and secure important legal and financial documents. Sadly many women were not involved in family financial decisions in their spouses lifetime, and are clueless about documents and even assets. In the midst of the emotional turmoil and confusion, the last thing you want to think about is searching for documents, but if these get lost or fall into the wrong hands, there could be dire consequences even leading to a bitter legal battle. 

Obtain at least a dozen certified copies of your spouse’s death certificate. You will need to present originals to financial and other institutions. 

To be continued ...................  

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