My stepdad is dying from cancer. How can I help my mom find out if she’ll get his assets?

In situations like this, it's essential for your mom to understand her stepdad's estate plan, if one exists. This typically includes a will, trusts, and beneficiary designations for assets like retirement accounts and life insurance policies. If your stepdad has an estate plan, it should outline how his assets will be distributed after his passing.

Your mom should also be aware that she may have rights as a spouse, depending on the laws in her state or country. In many jurisdictions, a surviving spouse is entitled to a certain portion of the deceased's assets, even if there's no will or if the will leaves them out. However, this can vary significantly, and the presence of children from another marriage or other family members can complicate matters.

To get a clearer picture, your mom should consult with an estate planning attorney who can help her navigate the process and ensure her rights are protected. In the near term, she should gather information about your stepdad's assets, including any documents related to his estate plan, and make a list of his assets and accounts. It's also crucial to watch for any potential disputes or claims from other family members, as you mentioned, and be prepared to address them if they arise.

Originally reported by marketwatch.com. Trade-News adds analysis for finance & markets readers.