Money Tip #3

Money Tip #3

Taking care of financial matters may be the last thing on your mind when you’re dealing with a parent or loved one who is dying.

But when a relative has been diagnosed with a terminal illness or has become very sick, you may need to take steps to protect their wealth and organize the family’s finances. Planning for death isn’t easy, and can be a very stressful experience. However, educating yourself on what types of resources are available to you, and taking some time to review a will and other financial documents can help you and your family member better prepare for that loved one’s passing. Here are five financial steps you need to take when a parent or loved one is terminally ill. Check out Lynnette Khalfani-Cox’s ‘5 Financial Steps to Take When a Parent or Loved One is Dying’ over on BlackEnterprise.com

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