When your spouse dies, their affairs need to be set in order. You might find yourself planning a funeral, paying bills and closing accounts. The list of things you need to do can seem endless, especially during a time when you are also grieving. These emotions can be especially strong if the death is unexpected.
Living expenses for one person are often not much less than living expenses for two. Your mortgage or rent will probably remain the same. Some expenses may even increase if you need to hire someone to do something your spouse previously did. David D’Eredita, a financial planner and founder of Rise Private Wealth Advisors in Tucson, Arizona, lost his wife unexpectedly…
By: Geoff Williams | Published: Dec 1, 2023