My father has always been the person to handle things like bills, insurance, etc. But he passed away this morning. I don’t know what to do next. My Mom does not have sufficient English to do any of these.
Regarding finances, he never got to use his 401k and Roth IRA. I don’t know what to do with it. He never got to retire. Sorry, I can’t type much right now. I will be more specific with questions as the day goes by, but I am just so confused as to how to manage everything right now. Can people help and give me a list of things to do and read?
Thanks.
Edits: - Should I hire an attorney? I am based in Minnesota. Does anyone have recommendations?
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I am reading on debt and very confused. Which debts does my family need to pay?
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Can anybody quickly tell me what a 401k and Roth IRA is? I just know he always talks to me about how he’s saving up for his retirement with them. Does it stay in the bank somewhere? With the employer? With the government? Do we need to keep up with it in any way? My Mom is in her mid 40s.
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What do we do with health care insurance? Car insurance and so on?
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How do I help my Mom pay her immediate bills if the credit card accounts are under his name? Which bills can be deferred?
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From above, what can I ignore right now in regard to paying off things?
More edits:
- Can anybody please give me a list of all things I need to worry about paying off? I am so clueless. I am such a bad son. I am so confused. Please, I am so confused. I need to know what to do.
Submitted November 26, 2018 at 03:15PM by Noodrereg https://ift.tt/2r4IPkX
