Reuters: “When you are grieving a departed spouse, the last thing you want to think about is changing the title to your car. Same goes for your house, your bank accounts, the retirement account you are inheriting and anything else of value that now belongs solely to you. Married couples have a certain ease when it comes to inheritance rules, often leaving everything to each other in a mostly unfettered manner. Many people have what estate lawyers call “sweetheart” or “I love you” wills, which means that spouses leave all of their worldly possessions to each other. That is all good when one’s spouse passes away. The survivor, however, is left with a mess of details to sort through, because there is now only one name on all of those joint accounts, and that can cause problems for heirs down the road.”
Your Money: How to deal With the Paperwork Scramble After a Spouse Dies
By On the Net|2018-08-06T14:24:36-07:00August 6th, 2018|
About the Author: On the Net
This blog post links to the quoted article found else where on the internet. Click on the lnk to read the entire article.