A Financial Guide for When Tragedy Strikes

By Andrew Rosen via Iris.xyz

Sadly, death is a part of life.  It’s a time of emotional chaos.  When faced with the aftermath of tragedy, most of us find ourselves ill prepared. I’ve coached many through this unfortunate period.  I’ve even had to deal with this in my own family.  If this post can help just one person handle the tragedy of death, I’ll consider it a success.

So, what do we need to cover to cope with the fallout of losing a loved one?

Get a support system. 

This will present itself in a few ways:

  1. Friends that will be there for you all hours of the day or night.
  2. Family that knows your pain and can relate on a similar level.
  3. Someone who can guide you through any religious or spiritual aspects.
  4. Gather your professional team, such as an accountant, attorney, and financial planner. (Make sure you really trust and like these people; you are about to lean on them in ways you’ve never imagined.

Take everything slow.

Don’t rush. Don’t worry about the days (and weeks) to come. Things will fall into place. There will be help.  The time needed to address everything will work out.

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