http://www.getrichslowly.org/blog/2011/07/24/reader-story-estate-planning-the-first-month/
Sunday, 24th July 2011 (by J.D. Roth)
Reader Story: Estate Planning – The First Month
This guest post from Jeffrey G. is part of the “reader stories” feature at Get Rich Slowly.
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What would happen if you, your spouse, a parent, someone who you shared a financial life with died today? Not next week after the car payment is sent in. Not next month when you’ve finally gotten around to writing down all of your passwords and account numbers. Not next year when you’ve updated your will. What would happen if they died today?
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Clearly, you need an emergency fund for the year after the death of a spouse. Depending upon how into the spouse you were.
Wonder how long it takes to return to “normal”?
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