Will life insurance payout impact FA?

<p>Again, the amount of the insurance payout will be around $120K and about half will be spent paying off medical bills and debt incurred as a result of illness and her inability to continue working as cancer progressed. Family income is now about $70K. Funeral costs paid for and done. In addition to HS junior, there is a middle schooler. Family owns modest home with mortgage. Yes they have just learned there will be some kind of SS survivor benefit that will be $1,000 a month until oldest becomes 18 or something like that. But husband does not get health insurance and COBRA will run out less than a year and they will have to buy insurance–big expense. </p>

<p>So, not to appear ignorant, but family will have to complete FAFSA and CSS Profile? Anything else I need to have them be on top of? As I said, with our two kiddoes, we didn’t go through any of this. I want to be able to be a gentle helper if I can…</p>

<p>Thank</p>