Online Buzz: Financial Advice for Widows
A heart attack. A car accident. A stroke. For women whose spouses die, the grief is often magnified by the stress and uncertainly of legal and financial matters. An estimated 13.6 million widows live in the United States, and money worries add to these women feeling overwhelmed at being single again. What can a recent widow do to lessen the burden of her finance and estate decisions?
Experts offer some important advice:
- Ask for help with time-sensitive tasks, such as dealing with the spouse’s will, life insurance and other benefits.
- Wait on the bigger decisions, such as where to live and shifting investments.
- Consult with professionals while making consequential asset decisions.
|To learn more, visit the Right at Home blog, where you will always find the latest information about senior well-being.|