Loss of Spouse or Significant Other Checklist

The loss of a spouse, family member, or significant other is one is one of the most complex and emotionally stressful events a human being can experience. This checklist is designed with a goal  to be a simple, organizing resource to ensure that every area of one’s personal finances is addressed in a timely and systematic matter.

Who to Contact

  • Attorney
  • Executor of the will/estate plan
  • CPA
  • Decedent's employer
  • Insurance agents
  • Credit reporting companies
  • Mortgage broker
  • Son’s or daughter’s school
  • Department of Motor Vehicles
  • Social Security and Medicare

Financial Planning

  • Cash flow and budget analysis
  • Short-term and long-term goals
  • Emergency fund
  • Large expenditures
  • Monte Carlo analysis

Portfolio Review

  • Investment strategies
  • Asset allocation
  • Risk tolerance
  • Time horizon
  • Diversification
  • Contributions
  • ESG

Estate Plan

  • Wills/Trusts
  • Guardianship
  • Power of Attorney
  • Health Care Directive

Document Organization

  • Create a single file/location for all documents

Beneficiary Designation