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Grief & Loss

Should people who are grieving be expected to make financial decisions?

Results so far:

Yes
34% 51 votes Total: 148 votes
No
66% 97 votes

Yes, the person most likely suffering of heartache from having lost a loved one, is probably the person who will most likely be particular in closing the financial aspects of their loved one's estate. At the same time, this can feed the length of time for the grieving process, due to good old fashioned memories. I have found that dealing with my loved one's financial obligations has given me purpose. Had it not been for the ordeal of being an executor and trustee, I believe I would have been too depressed and frozen from pain. Being aware that I was stepping into this new career of executing a will created a whole new direction for me. Perhaps it wasn't the most pleasant career path, but I truly believe if someone was to do this job, I was the right man for the job.

Financial and personal dealings for your loved one who has passed, are two separate issues. Fortunately the law does provide ample time to submit all the appropriate documents necessary. You have months to submit assets, you have more time to pay taxes, you have even more time to complete full financial documentation. I have found that grieving is timeless, but it should not be overwhelming. With the ability to grieve on my own time, I have plenty of time to execute a trust, and actually feel more compelled and driven in resolving his with as few flaws as possible.

Clearly the loss of a loved one is dreadfully painful. But I truly believe that the closet person to you should take care of your remaining obligations or wishes. For obvious reasons; this person knows you best, is most likely aware of where you do your banking, knows all family members, has full knowledge (hopefully) of what you would want and won't be shocked by anything they discover.

Grant it, the person that was closest to the one who has passed away is most likely suffering more than distant relatives or friends who will recover more quickly, but you must remember, they need to find a useful tool. Dealing with a will, estate or trust, will give that sufferer purpose. The survivor may need guidance when overwhelmed, and may seek some support from other family members or friends or even legal counsel and accountants. This is where family and friends should be more understanding then most realize.

Typically after a burial, and a short period of time passes it is common for most everyone to go on with their everyday life. The person who is closest to the deceased, is still suffering and is trying to adjust to life without their loved one. The survivor, needs continued support months and months down the road after the burial/cremation.

Dealing with the financial aspects will create a bit of work for the survivor but this is the best candidate for the job. Would you want someone who didn't know you inside out completing the last details of your life after you have passed on? I should think not. That perhaps is something to ponder.

By no means is this to be taken lightly. It is a serious commitment and time consuming. And you can bet your bottom dollar, it hurts.

Learn more about this author, Alice Heart.
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Below are the top articles rated and ranked by Helium members on:

Should people who are grieving be expected to make financial decisions?

Yes
  • 1 of 3

    by Marlene Michel

    Yes. As a person who has unfortunately experienced loss both very personal and not so personal, and very close as wel...read more

  • 2 of 3

    by Angela S. Young

    The sad truth is that people who are grieving have no choice but to make financial decisions. It's the way life is. ...read more

No

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