Stacy had lost her spouse to an unexpected illness. He was a union worker, and his income was the families only income. She had to make quick decisions about starting his pension death benefits, as well as make claims on his life insurance policies. Stacy knew she needed to take action, but literally said "I'm so scattered - I don't know why I can't really think straight to get this done right now".
Loosing your spouse is a devastating emotional blow. It also comes with its own unique set of financial issues. In this episode Mary Sterk shines a light on the top five financial issues to focus on if you have lost your beloved partner. We explore how the emotional side of things influences the financial decisions, discuss what is a priority to handle and what can wait, and how to make sure you do not get taken advantage of during a vulnerable time.