Death & Finances: What to Do After a Loved One Passes Away

Join our weekly #CreditChat on Periscope,, Twitter, and Snapchat every Wednesday at 3 p.m. ET.  This week, we talked about how to deal financially when a loved one passes away.

The panel included: Chad Smith: Financial Planner at Financial Symmetry and Co-host of the Financial Symmetry Podcast; Rod Griffin: Director of Public Education at Experian and Mike Delgado: Director of Social Media at Experian.

We also featured financial tips all week on Snapchat.

First Steps to Take After a Loved One Passes


Reach Out to Experts to Help You Manage Finances



Notify the Credit Bureaus Of the Passing


Questions We Discussed:

  • Q1: What are the first steps to take financially when a significant other passes?
  • Q2: What documents do you need to obtain when a loved one passes?
  • Q3: What experts should you reach out to help you manage finances?
  • Q4: What should you do if your significant other was responsible for the family finances?
  • Q5: How do you handle your significant other’s debts, accounts and bills?
  • Q6: Where can people turn to for survivor benefits that may aide them in the process?
  • Q7: Should you contact the credit bureaus to notify them of the passing? What docs will they need?
  • Q8: Are there any scams people should be wary of when handling the estate of loved one?
  • Q9: How can you ensure that you or your loved ones are prepared for a death in the family?
  • Q10: Any final tips for someone trying to manage finances after the death of a significant other?

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