Apart from the pain of a family member or close friend’s passing, settling their financial matters can be time-consuming and difficult. You may have to comb through paperwork from bank accounts to life insurance policies. Although not exhaustive, these steps can ease the process of sorting through the deceased’s finances. Continue reading
You come home one day and find a letter asking you to pay your recently deceased spouse’s $400 credit card bill. Soon after, you start receiving collection calls. What should you do? Are you responsible for paying the bill?