Beneficiaries & Executors: A Financial Guide

This supportive, step-by-step guide to handling the multiple financial and legal issues triggered by a loved one's death is a useful resource for spouses and partners, children, and other family members anticipating or having recently experienced the death of a loved one. The guide clearly describes the role of executors and trustees who have never faced these responsibilities before and spells out the often-overlooked responsibilities of beneficiaries of a will, trust, or investment or retirement account. The guide provides a roadmap for handling the immediate tasks, from closing bank and credit accounts and protecting assets to eventually transferring ownership of property and investments. It features to-do lists, practical tips and suggestions, and an explanation of terms like "probate" and "letters testamentary," The information provided in the guide can help relieve some of the confusion and anxiety often experienced by those dealing with the death of a loved one.