There are many expenses after a person dies. The most immediate being burial and funeral costs.
So what’s the best way for family or personal representatives to pay for these expenses? Should you write a check or pay for these expenses with the deceased persons’ credit card?
The answer is probably not! Even if you’re an authorized user on these accounts, it may be considered Fraud to continue to use them once a person dies.
To achieve it’s mission of “helping 1 million families” deal with death in this digital age, My Life and Wishes is now offering its’ services to Professional Advisors. “Our main focus will be working with Estate Planning Attorneys and Financial Advisory firms”, announced Jon Braddock, Co-Founder of My Life and Wishes.
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Planning your legacy can be complicated. Debt is a very real component in that planning. Make sure you understand what debt you have, who will end up being responsible for that debt, and how that might impact what you leave for your loved ones.
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For most of us, we’ve seen our health insurance deductibles rise dramatically over the last decade. We now pay thousands of dollars in deductible– and that’s before any of the insurance kicks in!
But there are things that can help. We’ve put together a list of products to help cover those high deductible costs.
Continue readingCreate your digital plan. You benefit today. Your family will benefit tomorrow. Try It Free