Dad passed away 2 yrs ago. I was responsible for his Trust. Finalized everything last year, but now received?

Question

a dividend check for $171.00 from one of his life insurance policies. The account I set up to close out his affairs was closed last year. It's made out to him directly. How can I get this cashed? I don't want to have a new check reissued, because then it would be issued to his trust, which no longer has any checking accounts associated with it. I'm at a loss as to what to do here.

edit:

thanks - it seems he had two accounts at the same place and I only closed out one. I called and the automatic answerer said he has almost $13,000 in this active account. Thank you so much for telling me this!!!

Answer 1

If you received a dividend check then that sounds like that policy is still in force. You need to contact the insurance company and notify them of your father's death and file a claim. They would then make out one check payable to the beneficiary on the policy for the face amount of the policy and any dividends due.