Taking care of financial matters may be the last thing on your mind when you’re dealing with a parent or loved one who is dying.
But when a relative has been diagnosed with a terminal illness or has become very sick, you may need to take steps to protect their wealth and organize the family’s finances.
Planning for death isn’t easy, and can be a very stressful experience. However, educating yourself on what types of resources are available to you, and taking some time to review a will and other financial documents can help you and your family member better prepare for that loved one’s passing.
Here are five financial steps you need to take when a parent or loved one is terminally ill.
Read the rest of Lynnette’s article on BlackEnterprise.com