When my husband died, I had no idea what probate was. All I knew was that I needed to go through this legal process in order to sell our house, which was in both of our names, and to access any accounts that were only in his name. Since he had what was considered a…
When your spouse dies, it seems very cruel that most people are then subjected to probate, a very complicated legal process to access the money and assets that your spouse solely owned. For widowed parents who need to go through probate, these are the top frequently asked questions: What is probate? When someone dies, probate…
If you’re struggling to buy gifts for your kids this Christmas, check out these organizations that provide free Christmas gifts to families in need: Hope for Widows Foundation provides assistance for the holidays to widows and their children through its Bring Hope Holiday Assistance Program. To apply, complete the 2025 online application by November 22.…
When your spouse dies, the U.S. government gives you some financial benefits to try to help ease your financial burden. One of these benefits is that if you are listed as the beneficiary of your spouse’s investment account (also called brokerage account), you are allowed to receive what’s called a “step-up in basis.” To understand…
When my husband died, I inherited his traditional individual retirement account (IRA). Since I was listed as the beneficiary for the account, it fortunately did not have to go through probate. My financial advisor told me that they would simply convert it into an “inherited IRA” for me. At the time I didn’t know what…
I hesitated to write this blog post because it will hold me to a decision I recently made. I guess there’s no turning back now! After almost 25 years of working in the technology field, I’ve decided to change careers and become a financial planner. How did I get here? After my husband died in…
I’ve added 62 summer camps to the list of grief camps in the US, bringing the total number of grief camps to 202. Most of them are free, but many of those that aren’t typically will waive the fee for those in financial need. There are both day and overnight camps, and I’ve separated them…
I recently finished reading “Future Widow: Losing My Husband, Saving My Family, and Finding My Voice” by author and podcaster Jenny Lisk and can’t recommend this memoir enough to widowed parents, especially those who became caregivers to their spouses before they died. Lisk describes with honesty the often heartbreaking, daily challenges of caring for her…