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Financial Tip

Rebalance your investment portfolio at least once a year.

 

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home › Life Events & Financial Decisions › Major Life Events › Death and Dying

Death and Dying

 

When your loved one dies, you don't want to deal with their finances. You want to grieve with your family and friends. It may be uncomfortable to think or talk about death, but you will be much better off if you do. Experts generally agree that families who are prepared for death often handle the grief process, and legal and financial decisions easier.


 

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Understanding Death and Dying:

Planning for Death – Make Your Wishes Known

A person (well or dying) can make advance arrangements for his or her funeral or memorial service.... read more »

Planning Ahead for a Funeral Expenses

Compare funeral services and options, especially if there is adequate “notice,” such as a long illness, or an impending death. Funerals are often a family’s third or fourth largest purchase after... read more »

Death of a Relative – Attending to Insurance, Assets and Debts

Take your time. Widows and widowers, especially, should not make any major financial decisions unless they absolutely have to. If you receive an insurance settlement or other payment, place it in a bank certificate of deposit (CD) or money market mutual fund... read more »

 
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