Tag Archives: funeral

mourning-300x232.jpg

When a Relative Dies and You Can’t Afford the Funeral

The Money Coach tells you what to do if a relative passes away and the burial costs are out of your budget

Money Coach Lynnette Khalfani-Cox tells you what to do if a relative passes away and…

By Lynnette Khalfani-Cox

Posted: October 17, 2011 Tags: , , , , , ,
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. —Lynnette Khalfani-Cox

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

Preparing for the loss of a family member is a matter of life and debt

Death is a reality of life that most try to avoid but when you know…

By Lynnette Khalfani-Cox

Posted: September 6, 2011 Tags: , , , , , , ,