For many Canadian couples, it’s common—though not ideal—for one spouse to take charge of the household finances with bills, investments, taxes, insurance, and day-to-day budgeting are often handled by just one partner.

But when that spouse passes away, the surviving partner may suddenly find themselves responsible for a complex financial picture they’ve never had to manage. It’s overwhelming, emotional, and often urgent.

If you find yourself in this situation, you’re not alone. There is a clear path forward. Here are practical steps people in this situation can take to regain control, get organized, and protect their financial future during a challenging time:

1. Start by gathering the right documents—Before making any major decisions, collect everything you can find related to your finances including:

• Bank and credit card statements

• Insurance policies

• Will and estate documents

• Investment statements (RRSPs, TFSAs, non-registered accounts)

• Mortgage, loan, or line of credit details

• Pension information (CPP, OAS, workplace plans)

• Tax returns for the last two years

Don’t worry if you don’t understand these documents yet, the priority is simply locating them and putting them in one place.

2. Notify key........

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