Reluctant Executor Newsletters
The Reluctant Executor Newsletter dives into real world chaos that families experience after a death. Understand why it’s important to prepare, get tips that will help minimize the stress, and begin to control the chaos.
The Shrinking Death Benefit
Social Security pays a Lump Sum Death Benefit (LSDB) which used to be the equivalent of nearly $7,000.
Today the payment is $255.
What happened?
Step-up Basis for Stocks and Property
Do you like paying taxes?
You may not be able to avoid paying taxes when you're alive, but your heirs can.
Options for Burial Remains
Six feet under, in a mausoleum, as ash... or as a pile of rocks?
Do you want to make this choice, or leave it up to your family?
Health Insurance Continuation
What would you do if you lost health insurance?
If your spouse recently passed away, your health insurance could drop you.
Qualifying Widow(er) IRS Status
You probably only think about your tax filing status around tax time. For most of us it's simply checking the Single or Married Filing Jointly box. For those whose spouses died in the past year, taxes could change significantly if you aren't prepared.
Bereavement Leave Policies
How much time can you take off from your company if you have a death in the family?
Hint: probably not enough.
Bereavement Fares
There are lots of things you don't want to think about when preparing for a funeral, but one that stands out is travel.
Auto-pay From a Joint Bank Account
When a spouse dies, any bank accounts that were held jointly typically need to have the deceased spouse removed. This process is fairly straightforward, but it results in new account numbers.