Perhaps
one of the most important tasks you now face is the disposition
of a loved one's estate. Whether or not the deceased had a will
can make a greater difference in the time and effort involved in
the proper disposition. It is suggested that you obtain legal advice
on the array of different matters such as the disbursement or conversion
of assets, changing of property deeds and titles, the disposition
of bank accounts, stocks and bonds, and the disposition of business
assets.
If
you do not have an attorney, now is a good time to find one. The
best methods of finding an attorney are through friends and relatives,
or by calling your local bar association.
If
your loved one had a will, it will need to be probated. Probate
is the legal procedure for the orderly distribution of estates.
In most cases, probating a will is a simple process. Only in the
instances where the will is being contested or the deceased had
numerous holdings will the action be more complex. There is usually
a specific time within which a will must be probated, so it is important
to check carefully.
If
there is no will, the estate will be disposed of according to the
state laws governing descent and distribution.
Preparation
and or review of your own will is also an important consideration
at this time. It is the best way to assure that your estate is handled
according to your desires.
Please
email info@lunnfh.com
and we will provide you with contact information for county and
federal offices you may need to contact to settle the estate.
Life Insurance Information
Traditionally,
life insurance companies require only two forms to establish proof
for a claim; (1) a statement of claim, and (2) a certified copy
of a death certificate. Please remember that this is a general statement.
Your insurance companies reserve the right to request further information
or proof that they deem necessary.
When
filing a claim form, you should have available the following information:
- The
policy number(s) and the face amount.
- The
full name and address of the deceased.
- His
or Her occupation and the last date worked.
- His
or her date and place of birth and the source of the birth information.
- Date,
place, and cause of death.
- Claimant's
name, age, address, Social Security Number, and date of birth.
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