Call Us for a Consultation
269.276.0055
480 West Lovell Street, Kalamazoo, MI 49007
Serving Clients throughout
Southwest Michigan in Matters of
Elder Law, Probate Administration,
Wills & Trusts

Recent Blog Posts

Jan
07
2016

Death and Disorganization

Posted 5 years 332 days ago ago by Danielle Streed

Thinking about the loss of a loved one is never something we want to ponder or even consider,  but unfortunately it happens every day. Not only is the loss itself difficult to deal with, but add on to that the problem of dealing with the deceased person’s finances,  their debts and the possibility of  not even knowing where to find this information.  In the last year I dealt with the suicide death  of a 25-year-old daughter and a sixty year-old brother and the sudden death of a 44-year-old son.  The family was not only left with the grief, but they were left trying to figure out where the family member banked, what assets they held in investments, if there was outstanding debt on a home and car and even where to pay these monthly bills.   Regardless of your age, sit down and take the time to make a list of the various accounts that you have (investments, banks, credit union, and life insurance).  Make this list and then make sure somebody knows where to find that information.  Additionally,  you should also make a list of any and all debts that you have (mortgage, car loan, credit cards).  Identify where or how the payment is made (by check or auto deduct) and  how frequently it is paid.  If you need a New Year’s Resolution, this is a good one. Do it, put it somewhere safe that your family can find and hope that your family never has to deal with these issues for many years to come...but if they do, it will make the process that much easier.






Attorney Advertising. This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.


©2021. Web Design by WowWebWorks. Terms Of Use | Privacy Statement