How do you find out what kind of life insurance policies, IRA's, and CD's a family member has when they pass?

Question

Life insurance, IRA's, and CD's are not filed through the estate; therefore, they are not sent through the courts. My husband and I are trying to find out what intangible property his father had when he passed on. Since his oldest sister was not only a benficiary, but also an executrix of the will, among past experience, we don't know that she distributed property evenly as was dictated in the will.

Answer 1

Here are some tips to find lost life insurance policies or financial accounts:

·Go through canceled checks or contact the insured's bank for copies of old checks. Look to see to whom checks were made out. You just may find an insurance company.
·Ask those who may have known about the insured's financial situation. Try their lawyer, banker or accountant. Also try their auto or home insurance agent. They may know where the insured went for life insurance & financial advice.
·Contact the insured's past employer. An employer may know of possible group insurance. The insured may have also purchased supplemental insurance through work.
·Keep in mind that there is no national database of lost life insurance policies.
Also, if the insured dies and three to five years later you, the beneficiary, still can't find the policy. There's a chance -- though a slight one -- that you can go to the state, rather than the company, to get the money.

Also, if the insured dies and three to five years later you, the beneficiary, still can't find the policy. There's a chance -- though a slight one -- that you can go to the state, rather than the company, to get the money.

Ron @ InsureMe http://www.insureme.com/?Refby=614545

Answer 2

After a individual passes away the policyholder will become no one. the sole considerable individual is the beneficiary. Are you the beneficiary? If no longer they do no longer could desire to grant you with any money. once you are the beneficiary there is not any way for them to take the money faraway from you. in case you be attentive to which corporation the existence insurance is with call them ASAP and put in a declare. Your grandma left you the living house? Did grandma have a will or a believe? those are issues you're able to desire to ask. Did grandma positioned your call on the deed of the living house? call the funeral living house and ask the guy working there in the event that they be attentive to who the beneficiary of the existence insurance coverage is. they oftentimes gets a commission out of the proceeds. in the experience that your the beneficiary they could be working with you to get their money. you're able to be able to desire an lawyer to help you artwork those issues out. in case you will no longer be able to arise with the money for an lawyer you ought to objective to get some "loose felony help". Please post your state and city for some referrals. And, it extremely is advisable to repost your question lower back under the "own finance" class. good success. Sorry on your loss. money makes a loss a lot greater painful.

Answer 3

The will should have been sent to Probate Court, check with the courthouse in the country in which your father resided.

Ask your sister to show you a copy; find out who the lawyer was that drew up the will and contact him/her.

Answer 4

You will most likely have to have an attorney obtain a copy of the will from the probate court and said attorney will have to do some checking.