5 Financial Steps to Take When a Parent or Loved One is Dying

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#2: Obtain a Copy of the Will  If your dying parent had a last will and testament prepared at some point, now is the time to locate that document and make sure you are clear about your loved one’s wishes. If your sick family member is unable to communicate their thoughts, you’ll need to contact the lawyer who helped to draft the will to review it. The will may also include information about your loved one wants to distribute his or her assets, and any special instructions the person decided upon before taking ill. No will? Get one created pronto, even if you get ready-made store forms or use online software to create a will.

#2: Obtain a Copy of the Will If your dying parent had a…

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