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>What if you couldn't access critical financial accounts or didn't know they exist? There are already procedures for an executor or heir to assume control of a
by Sangermaine 9y ago
>What if you couldn't access critical financial accounts or didn't know they exist?
There are already procedures for an executor or heir to assume control of a deceased's financial accounts and assets, and part of that process is determining what accounts the deceased had.. You don't need to dig through Dad's Gmail for that.
Like the first poster said, anything actually important either already has procedures in place or will be figured out in the probate process or otherwise.
- deleted 9y ago[deleted]
- davidbanham 9y agoDon't you? Many people aren't great at record keeping, especially as they get older. It can often be difficult to figure out exactly what accounts and investments exist, let alone how to access them to clean them up. Trawling through browser histories and correspondence is often the only way to get a reliable picture of what's going on.
- ams6110 9y agoEquifax, for as much as they are maligned, will tell you what open credit accounts the deceased person had. Last year's tax return will probably identify any significant investments, at least those that are producing income.
- davidbanham 9y agohttps://en.m.wikipedia.org/wiki/File:World_population_percentage.png https://en.m.wikipedia.org/wiki/File:World_population_percen... I, along with 95% of the world's population, do not live in a place where Equifax exists. Tax returns capture some things. They also don't get filed for several years sometimes. They don't capture assets like cryptocurrency or off market shares. Life is messy and death more so.
- Sangermaine 9y ago>I, along with 95% of the world's population, do not live in a place where Equifax exists. But you probably do live in a place with probate laws. This isn't a new problem, and there are processes to deal with it.
- rtx 9y agoYou are wrong about the 95% number. They entered India few years ago.