10 Financial Moves That Widows and Widowers Should Make

When a spouse dies, one major task is handling any financial obligations that he or she managed. To help navigate through this, here’s a partial list of financial moves you should make if you are newly widowed:



  1. Make sure bills are paid on time.
  2. Gather information about all of your bank accounts (including account numbers and online login information if your spouse used online banking).
  3. Learn about insurance policies.
  4. Find out about investment accounts (such as retirement funding).
  5. Learn about Social Security spousal benefits.
  6. Manage pension survivor options.
  7. Change the title on your home and other assets.
  8. Update your will and estate planning documents.
  9. Review any loan obligations.
  10. Cancel any payments that are no longer necessary.

This is not an exhaustive list; there most likely are other financial changes you’ll need to make. However, this can jumpstart what needs to be done. If it feels overwhelming, you’re not alone. It can be a daunting task. This is where you can rely on help from trusted advisors who can walk you through the process, including trusted investment advisors, attorneys, and financial/care management experts from Secure Aging. Secure Aging can walk you through a broader list of financial obligations if you are newly widowed and help turn many of those obligations into checks off of your to-do list. Trusted advisors like Secure Aging also can steer you away from

businesses that will try to take advantage of your status as a new widow/widower.

Losing a spouse is always difficult, but let one aspect of the process become a little easier with help from Secure Aging.

Call Secure Aging to Find Out How We Can Help Seniors With Financial Management

At Secure Aging in Bradenton, we transform the weight of the world into a sigh of relief for our senior clients and their concerned family members. The mission of Secure Aging is to protect and preserve our client’s independence and dignity through careful and thoughtful financial and care management. As our clients age, it is their desire to remain independent and age with dignity. Our services protect our clients from talented con artists looking to exploit and deplete the financial resources of our vulnerable seniors. Secure Aging helps families in Manatee County and Sarasota County and in and around the communities of Anna Maria, Bradenton, Bradenton Beach, Ellenton, Holmes Beach, Lakewood Ranch, Longboat Key, Myakka City, Palmetto, Parrish, and Sarasota. Call us at 941-761-9338, or visit us online at www.secureaging.com.


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