How do I find my loved one’s insurance benefits and retirement accounts after their death?

As a will lawyer in Sacramento, I often hear from clients that finding out what benefits are available under insurance policies and retirement accounts was one of the most difficult tasks in closing out their loved one’s estate.

This step can be especially difficult if the person handling the estate is not a surviving spouse or is not in possession of the policies. Since many people do not discuss private matters like life insurance policy limits while they are alive, trying to figure out the available benefits after the person is gone can seem impossible.

Talk to close family members or the family’s financial advisor to see if the decedent had policies that may provide benefits after death such as life insurance, health insurance, and private retirement accounts. Be prepared with the policy number and a copy of the death certificate, as well as proof that you have permission to discuss these matters with the company before you call.

The insurance company will then forward the proceeds of the policy to whoever was named the beneficiary.

If you are unsure about any aspect of this step of discovering death benefits after the loss of a loved one, I invite you to call our office at (916) 241-9661 and schedule a free Peace of Mind Planning Session. These sessions are normally $750, but you can come in free with the mention of this article. However, they are limited to 10 per month so call today!

Leave a Reply

Protected by WP Anti Spam

Free Resources

Download Now Download Now Download Now Download Now Download Now

Associations

     

As Seen On

Elder Council Elder Care Matters Wealth Council   Good Day Sacramento Financial Advisor Fox 40
Sacramento Estate Planning Council Neala     Credit Card Guide The Sacramento Bee  

Life Transition Planning

Contact Us

   
Young Adult or Parent of Minor Children
In the Prime of Life
Concerned About the Impact of Long-Term Care
Handling A Loved One’s Estate
The Chubb Law Firm
8920 Sunset Avenue, Suite E
Fair Oaks, CA 95628
Phone: 916.241.9661
Fax: 916.534.7790
Or use our online form >>
Facebook LinkedIn Twitter Google Plus YouTube RSS