Important Financial Steps To Take After The Death Of A Spouse. Retirement Planning.

[@theylivepart2]

My husband died 15 days ago, thank you for this video. I can’t think straight right now so I needed this.

[@StreamlineFinancial]

I'm so sorry for your loss. I'm glad this video was helpful for you. Don't feel like you need to take action right now. It's ok to take some time before trying to get organized.

[@ColtraneAndRain]

As of today, it's been one month since losing my husband. I need to know that this cloud will lift. Please tell me how you are doing one year later. I'm sorry for your loss.

[@sherrialahmad180]

Great advice. My husband passed way 3 months ago. Your life is flipped upside down when your spouse passes. Please talk with your spouse before any life change.

[@barbiec4312]

I like the calm way you provide information. I like your background too. 😀 My spouse is still with me, but I’m watching your retirement videos.

[@StreamlineFinancial]

Thanks for the compliments, Barbie. That means a lot! If you think of any topics that you'd like to see a video on, please let me know. :) -Dave

[@davidsiemer7578]

Good points Dave; I’m almost 60 and gradually getting my retirement situation planned out now. My wife is much younger so I want her to be fine after I’m gone

[@nyobibanks253]

Very helpful.. I have no one. Thank God he has an Estate Portfolio

[@djfouse]

Good information. I recommend 10 death certificates. Most of the financial organizations are accepting copies of the death certificate. My Mom passed away in 2014. I helped my Dad. My Dad was a veteran of the Air Force. The military provided fantastic information on steps necessary to close my Mom's accounts. The military was extremely helpful with setting up the probate of my Mom's will. My Dad had to only pay for the court cost. At the time my Dad could represent himself. He didn't need a lawyer. I guess what I mean to say is if you're retired from the military take advantage of Legal department. The story is different for my Dad who passed away in 2020. I don't have access to Legal from the military, and in the state of Texas one needs an attorney for Probate Court. Very expensive and overpaying for attorneys service. My recommendation is work with your loved ones to do everything possible to avoid Probate Court. And talk about funeral arrangements. Funerals are expensive. My parents covered their funeral expense, and Uncle Sam covered the burial plots. My parents are buried in one of the US National Cemeteries. My suggestion to everyone that watched this video is to take care of your estate planning before it is needed. My parents did their best and I thank them for it. By the time of my Dad's passing I had all the legal documents and financial account information necessary to close his accounts. The only unexpected event is the change about Probate Court which I wrote about above, and we didn't remove my Mom's name off property my parents owned. We had Letters of Testamentary my Dad could use to sign for my Mom which my Dad used when we sold his home so he could move in with me but we stopped one step short by not removing my Mom off the deed/title for the other property my parents owned and my Dad kept after my Mom passed. This led to an extra expense for my Mom to transfer the property from my parent's to me.

[@reginaocasio3749]

Thank you good information

[@StreamlineFinancial]

You’re very welcome.

[@dipaknadkarni62]

My wife died on active duty in the Navy in 2014. Wow, almost 7 years ago. I am getting ready to retire from the military this year at the age of 60. I am planning on initially taken spouse survivor first and then my own. I will not take either until I am 67 since I will make well over the SS limit as a physician. God bless.

[@elizabethkingwells1750]

Thank you for your helpful insight.

[@richard9827]

Great list. Thanks

[@PedroHernandez-xl8gw]

My mom just lost my dad and they are giving her the run around saying he did not leave a benificery. They have sold the company and make it hard for my mom. This sad that companies do this but my mom needs help we are not very financial ppl. Please tell me if what the pension or what there saying is not true.

[@StreamlineFinancial]

Do you know anyone else who's good with finances who can get on the phone with your mom and you to call the pension department? Maybe they just need proof showing your mom is your dad's spouse?

[@michellizollar9927]

Dave, do you guys offer any free conversation for a few minutes to clarity certain questions about inherited 401k from a spouse?

[@madmoe4]

Why wife passed 4 days ago