Checklist for losing a loved one
Coping with the death of a loved one is hard. Most people know little about finance and don’t know where to start.
Here is what we can do for you.
1. Help you navigate what may feel like a sea of financial paper written in foreign language
2. Review pension benefit
3. Sort out potential life insurance policies
4. Figure out inheritance payout
5. Provide support with professional network
6. If you haven’t loss a loved one, we can help you organize your financial affair
- Will and any statements of intent for executors, trustees, and guardians
- Death certificate
- Insurance, bank, investment, and retirement account statements
- Tax documents (state and local where applicable, as well as federal)
- Property deeds, contracts, leases and agreements
Some of the institutions include:
- Banks and trust companies
- Life insurance and annuity providers
- Stockbrokers and investment custodians
- Retirement plans, pension administrators and IRA trustees
- Social Security Administration, Railroad Retirement Board and Federal Employees Retirement System (Keep in mind that railway workers are the only private-sector employees who do not participate in Social Security. Also, while current federal employees are now included in Social Security, many federal retirees are not.)
- Department of Veterans Affairs
Will, living trust, and executor
If there is no will, you will likely need to work with an estate attorney.
Stock, bonds, mutual fund, and other securities
Social security, pension benefits
Survivors may be entitled to the deceased’s pension payment. To be sure, you will need to exam a pension contract the deceased choose.