Tag: Lake Highlands life insurance agent

Financial Challenges When a Spouse Dies

Are you financially prepared if your husband or wife dies? Based on the results of a study commissioned by New York Life, the answer is a resounding No! 68% of women survivors and nearly half of male survivors reported significant life changes following the loss of their spouse with financial concerns topping the list.

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What Does a Funeral Cost?

What does it truly cost to bury or cremate a Loved One? On November 9, 2012, Money Magazine published on-line the first in a three part series dealing with end of life issues. Part 1, The High Cost of Saying Goodbye, provided an excellent overview of pricing, sales tactics, and even deceptive practices that some disreputable companies and directors have used. The articles also presented a number of steps people can take to protect themselves financially at one of the most difficult times a surviving spouse or family will ever face.

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