When someone you love dies, your life can change suddenly. You may have to take on new responsibilities and reconsider your plans. Although it's hard to think about the future while you're mourning the loss of someone close to you, it's important that you take charge of your personal, financial and legal affairs right away.
Some things, such as paying for a funeral and settling your loved one’s estate, require immediate attention. Others, such as reconsidering your own estate plan and reevaluating your insurance coverage, can be postponed briefly until you’re thinking more clearly. Organizing your finances can ensure that the dreams you shared with your loved one, such as living comfortably in retirement or sending your children to college, still come true.