Death

Losing your partner is a difficult time to have to deal with money issues. There will be a lot to sort out, but you don’t have to do everything at once. There are some things that you will need to take care of now, and others that you can put in place for the future.

Insurance

If your partner had life insurance, you could be entitled to a lump sum payout. Check with your partner’s insurance company.

If the payout is a significant amount you may want to consider your investment options.

Once you feel able, you will also need to review and update your own insurance policies – especially if you have children. If your partner was named as the beneficiary in your policies, that will also need to change.