Question for the Money Doctors
Question submitted on Aug 13, 2012.
Questionmy son is 18 mths old....my fiance (his Father) passed away recently....what do I do?
You will want to check with your fiancée's employer to see if there is any group term life insurance.
Confirm with friends and family that a policy does not exist.
Also, sometimes a long term disability policy pays a small benefit at death.
You also will want to contact the social security administration. There are social security benefits payable to both a parent and a child when an eligible parent has died.
Everyone's facts and circumstances are different. Refer to the following website to find information specific to your circumstances.
For additional information visit http://www.360financialliteracy.org/