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Showing posts with the label Life Insurance

Finding the Hidden Pieces: A Guide to Retirement and Life Insurance for Survivors

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When you lose a spouse, your world doesn't just change emotionally—it changes administratively. Some widows and widowers feel like they are "drifting" because they aren't sure what resources are actually on the table. Stewardship isn’t just about managing the money you see ; it’s about diligently seeking out the resources that were set aside for your family’s future. Here is how to find the "hidden" pieces of your new financial puzzle. 1. Using the USA.gov Benefit Finder The federal government has a powerful (and free) tool specifically designed for this moment. The USA.gov Retirement Benefit Finder is essentially a "GPS" for federal benefits. How to use it: The Life Event Filter: When you visit USA.gov/benefit-finder/retirement , you can answer a series of questions about your situation. Check "Death of a Loved One": This tool filters through dozens of agencies to see if you qualify for survivor-specific retirement benefits, specializ...

What is the Financial Legacy You are Leaving Behind?

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Most of us don’t want to talk about what’s going to happen when we are gone. Are we thinking we are going to live forever? Are we leaving our children a legacy of debt and despair or of blessing and hope? Are we communicating with our family about our desires or holding that back until the reading of the will? Do we even have a last will and testament? What documentation do we really need? What could happen if we don’t have estate planning documents? If these are some questions you have, you have come to the right place for some basic information. For more personal and specific information, I would direct you to a qualified estate planning attorney and a financial advisor. Nolo.com offers some great legal information and naepc.org can guide you to an estate planning professional. I was speaking with a friend of mine who recently lost her husband. She thought that once he passed, she didn't have to pay his hospital bills. She had a house that she wanted to keep, and they were bot...