How-to Prepare for a Loved One’s End of Life

Settle Financial Matters
Review your finances and draft a budget to pay mortgage(s) and other financial debts or obligations that you shared with your loved one
Transfer all assets into your name or a trust
Change tax identification numbers on shared financial accounts
Update or close checking, savings, money market, CD, IRA and/or investment and retirement accounts
Check safe deposit box(es)
Cancel or re-direct direct deposit payments
Change ownership and beneficiary designation on all jointly-owned or solely-owned mutual funds, stocks and bonds
Address Legal Issues
Talk to an attorney about settling legal matters, including the probate process related to your loved one’s will
Get advice on transferring assets into your name or a trust as appropriate
Ask if you need to file specific legal paperwork
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