Social Security and End-of-Life Considerations
The question of how to handle Social Security matters when a beneficiary dies is not quite as simple as you would think. For example, there’s the issue of handling the beneficiary’s last check. And then there’s the matter of ensuring that any survivor’s benefits are properly obtained. And then there’s that $255 death benefit payment and the rules governing the circumstances under which that check is written. It seems a bit complicated, perhaps, but it’s really more tedious than complicated. Social Security expert Tom Margenau, writing in a post today on ncnewsonline.com, provides a review of all of the steps that need to be considered when a loved one perishes. Read the full post here.