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Managing Finances After Losing A Spouse

Private Wealth Private Banking Trust & Estate Administration

After losing a spouse, survivors are often faced with many tasks and financial decisions while in the throes of grief. In the first thirty days, you’ll need to review life insurance, contact Social Security, contact your attorney about your estate plan or will, and call your bank or Trust Advisor. What’s important to do soon and what can wait? How can pre-planning help in this time of unprecedented emotional turmoil?

In this episode of the First Business Bank podcast, our experienced Trust Advisors discuss:

Lessons learned that our clients wish they’d known ahead of time
What needs to be done right away and what can (and should) wait
The importance of organizing your finances
How a corporate trustee works, and more

Learn more about how to manage your finances after losing a spouse in this episode of the First Business Bank Podcast. Hear from seasoned experts on First Business Bank’s Private Wealth team who work to help clients navigate difficult situations to secure their continuing financial strength.

podcast video of Managing Finances After Losing A Spouse

Organizing Your Finances After Your Spouse Has Died

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Don’t be overwhelmed by the financial matters to settle following the death of your spouse. This guide will help you navigate what to do when a spouse dies....

Featured Experts

Brendan Freeman

President - Private Wealth of First Business Bank

Brendan Freeman, President of Private Wealth at First Business Bank, has over 25 years of experience in private wealth management and banking, including in previous leadership roles. He oversees private wealth management services in the South Central Wisconsin, Southeast Wisconsin, Northeast Wisconsin, and Kansas City markets.

Cymbre Van Fossen, JD, CAP®

Senior Vice President, Trust Advisor & Director of Philanthropic Services of First Business Bank

Cymbre Van Fossen, JD, CAP®, is a senior trust officer serving high net worth individuals, families, and not-for-profit clients. She has over 20 years of experience in estate planning, trust administration, fiduciary tax, and charitable gift planning. Cymbre participates in fiduciary risk management efforts for Private Wealth, including chairing the Trust Administrative Committee and supervising the fiduciary tax and estate settlement practice areas.