How to Manage Debt After a Family Member Dies
August 14, 2023
How to Manage Debt After a Family Member Dies Dealing with the death of a loved one is an incredibly difficult and emotional experience. Aside from the emotional toll, there are also practical issues that need to be addressed, including managing any outstanding debts left behind by the deceased family member. Here are some important steps to take in order to effectively manage debt after a family member’s death. 1. Notify Creditors and Financial Institutions The first step in managing debt after a family member dies is to notify their creditors and financial institutions. Contact each lender individually to inform... View Article