In the case of death..life insurance, Social Security and any other pensions received must be notified. Same as any accounts in spouses name only. If not already listed on a personal account, a marriage certificate will probably be needed. Copies of the death certificate probably will be needed, so have copies made.
Any monies received from them after death, life insurance or any death benefits excluded, is subject to being returned.
The next thing would be any reocurring household bills, the ones that come in every month. Electric, Gas, Water, Phone/Cable supplier...all the basic utilities. Any credit card type bills that may be open. Have an idea of how much they usually are. Next would be the bills that come in quarterly or annually..car insurance, real estate taxes etc. This will give you an idea of what will be paid out each month or what needs to be put aside for the long term bills.
Next comes the day-to-day personal expenses. How much do you need for food each week, gas for the car, medicines.
There will always be some surprises but I think I've covered most of the things you need to expect.
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