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In this episode, we ask:
- Who needs to hear this?
- Would you like a FREE book? Email us at hello@nyafinancialpodcast.com.
- What about unclaimed life insurance funds?
- What about going into “full detective mode”?
- How might you search?
- What about the deceased’s own paperwork?
- What about the deceased’s recent tax returns?
- What about the deceased’s transaction history?
- Are you the named beneficiary?
- Can you call the insurance company to find out if you are a beneficiary?
- What about the National Association of Insurance Commissioner’s (NAIC) life insurance policy locator service tool?
- What about an example?
- Is there a contingent beneficiary?
- What happens if no beneficiary can be found?
- What happens if the death benefit goes to the deceased’s estate?
- Does the federal government have a website for this?
- Can you find it on your own?
- What about the unclaimed property office?
- What happens if you move to another state?
- What about unclaimed wages?
- What about VA benefits?
- What about unclaimed insurance funds?
- What about the IRS and the federal tax refund?
- What about the state tax refund?
- What about treasuryhunt.gov for savings bonds?
- What about SEC claims on stocks and brokerage funds?
- What about contacting the brokerage fund directly to find an account left in your name?
- What can you do to broach the topic?
- When would be a good time to have a 30-minute conversation?
- How could this be a positive experience for everyone?
- Do you know about your parent’s life insurance policy or policies?
- Do they have medical care benefits on these policies?
- What if the worst has just happened?
- Would you like to have the Survivor’s Checklist?
- What needs to be done?
- What do you need to do in the first few days?
- What about the certified death certificate copies?
- What about the deceased’s files and safety deposit boxes?
- Is burial insurance or final expense insurance in place?
- Has your loved one selected a cemetery location or plot in advance?
- What about contacting the funeral home?
- Should you assign the death benefit to the funeral home?
- Should the death benefit get paid directly to you?
- Should the death benefit be paid as a lump sum or as ongoing payments?
- What should you do within the first week of someone’s passing?
- What about the Social Security Administration?
- What about Veteran’s Affairs?
- What about the Department of Health Services (if they were receiving Medicaid)?
- What about the insurance companies?
- Do you need to contact the life insurer?
- Do you need to contact the medical insurer?
- Do you need to contact the disability insurer?
- Do you need to contact the homeowners insurer?
- Do you need to contact the auto insurer?
- How long does it take for a life insurance death benefit to be paid out?
- What do you do with the certified death certificate?
- What about the liquidity of the life insurance company?
- What happens with lump sums at a bank?
- Who can easily withdraw $1M from a bank account? Are banks liquid?
- How many days does it take to get a large withdrawal from the bank?
- Are bankers allowed to ask you questions about why you want your own deposits back?
- What about unused life insurance premium?
- What about the retirement account plans (401(k), IRAs, Pensions, and other benefits still due to them)?
- What about cancelling recurring bills?
- What about closing down online and social media accounts?
- What about establishing an I Love You folder with passwords?
- What about bank accounts and online accounts?
- What about the probate process?
- Does your loved one have a will or trust (who is the trustee?)?
- What about issuing bond?
- What about notifying creditors that your loved one has passed?
- What about taking an inventory of all assets and liabilities?
- What about asking the court for a final distribution of the estate to be paid out to beneficiaries?
- What if the loved one had a small or no estate?
- Is there agreement among surviving relatives?
- How can you collaborate with relatives in a constructive way?
- What about the overwhelm?
- What about the grief?
- How might you love your family to make this process so much easier?
- What is an I Love You folder?
- What are the documents you should leave?
- What about the sources of all of your income?
- Where are your assets held? (401(k)s, IRAs, Pensions, Social Security, Medicare, Life Insurance premiums, etc.)
- Company
- Account Numbers
- Listed Beneficiaries
- Bank accounts and numbers
- Phone numbers or addresses of companies
- What online accounts, social media accounts and other usernames and passwords will your loved ones need to access upon your death?
- What do you want your funeral to be like exactly?
- What items do you want to leave to specific people?
- What would you write in a letter to your closest loved ones? (Would you like a hand writing this letter? Hop on our calendar and select a time.)
- What can you do this week to make sure your family is better off?
Julia Amstutz grew up in Italy where her parents served as missionaries until they moved back to the United States when she was sixteen. She attended Wheaton college and began her career in public accounting shortly after graduation. 
Jason Duncan is the founder of The Exiter Club. He is the host of the Root of All Success podcast. He loves riding motorcycles and camping in his RV. Learn more at 
