When to Consult a Professional
Navigating the aftermath of a spouse’s death is not something you should do alone. Assembling a team of trusted professionals is a sign of strength and is essential for ensuring the process is handled correctly and your interests are protected. This guide is a starting point, but professional advice tailored to your specific situation is invaluable.
Here are the key professionals to consider and when to contact them:
Estate Planning or Probate Attorney
This is your most important guide through the legal checklist. An attorney specializing in estates and probate will provide critical advice on state laws, manage court filings, and ensure every step of the estate settlement is legally compliant.
When to consult: As soon as possible, typically within the first week or two after your spouse’s passing. This professional will be your primary partner throughout the entire process.
Certified Public Accountant (CPA) or Tax Advisor
The tax implications of a death can be complex. A CPA can help prepare the deceased’s final income tax return, as well as any necessary estate or trust tax returns. They can also offer advice on the tax consequences of inherited assets, such as an IRA, and help you with tax planning for your new financial situation.
When to consult: It is wise to connect with a CPA early in the process, especially once you have a clear inventory of the estate’s assets. You will definitely need their services when it comes time to file taxes.
Financial Advisor
Your financial world has changed dramatically. A financial advisor can help you understand the assets you have inherited, create a new household budget, and develop a long-term financial plan to ensure your security. They can help you make smart decisions about life insurance proceeds, retirement accounts, and other investments.
When to consult: After the immediate legal tasks are underway and you have a better understanding of the estate’s assets. It’s best not to make major investment decisions in the first few months, but starting a conversation with an advisor early can provide peace of mind.
Grief Counselor or Support Group
The emotional toll of losing a spouse cannot be overstated. Managing legal and financial tasks while grieving is incredibly difficult. Seeking support for your mental and emotional well-being is not a luxury; it is a necessity.
When to consult: Anytime. There is no right or wrong time to seek emotional support. Many people find it helpful from the very beginning, while others may seek it out months later. Your well-being is the foundation upon which everything else is built.
Engaging these professionals allows you to focus on your own healing, confident that the complex details are being handled by experts.
Disclaimer: The information provided on this website does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this site are for general informational purposes only. Information on this website may not constitute the most up-to-date legal or other information. Readers of this website should contact their attorney to obtain advice with respect to any particular legal matter.
