A financial advisor’s personal views on final expenses – The Oakland Press


Today I’d like to discuss the financial decisions families face when they lose a loved one. On occasion, like the recent passing of my mother, my siblings and I had sufficient time to reflect and share our thoughts.

When you lose a loved one suddenly and you’re much more emotional, it’s especially difficult to make critical decisions that involve money. So let’s look at some of the financial considerations that need to be dealt with when you lose a family member.

For years I’ve stressed that people need to keep their emotions in check when making financial decisions. I believe it’s safe to say that emotions are all over the board when a family loses a loved one. When I recently lost my mother, a lot of decisions had to be made. And most of them involved spending money.


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