When their husbands pass away many women feel overwhelmed with the estate’s affairs. However, with some planning and a few simple tasks most widows can get a good handle on the situation.
Even when there is time to prepare for losing a husband due to illness, most widows are unsure what to do with their husband’s estate. They do not have the training and relevant experience to know how to handle things.
To make matters worse, decisions that used to be made by two people now must be made by the widow alone.
Fortunately, with a little bit of preparation and a few simple steps, most widows will find that they are up to the task.
Forbes recently published a helpful article with some tips titled “The Widow’s Guide To Estate Planning and Wealth Transfer.”
Some of the tips include:
Contact an experienced elder law attorney to help you with all of the details.
Reference: Forbes (June 2, 2015) “The Widow’s Guide To Estate Planning and Wealth Transfer.”