Estate Planning for Surviving Spouses: What to Do ASAP
by Barbara Shapiro, EDM2, MSF, CFP, CFS, CMC, CDFA, CeFT, President, HMS Financial Group
Sep 18, 2018
4 minutes
After the death of a spouse, most of the attention for legal services is paid to administering the estate of the decedent. Often times, little time is spent focusing on the legal needs of the surviving spouse.
From personal experience, I can tell you that there is some important work that needs to be done during this time. Legal documents must be reviewed as soon as the surviving spouse is able, not only to address what will happen after the second death, but also to make sure that the surviving spouse is protected during his or her lifetime.
In addition, the surviving spouse should always have his or her own will and trust
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