Thursday, August 28, 2008

Dad passed away 2 yrs ago. I was responsible for his Trust. Finalized everything last year, but now received? -

a dividend check for $171.00 from one of his life insurance policies. The account I set up to close out his affairs was closed last year. It's made out to him directly. How can I get this cashed? I don't want to have a new check reissued, because then it would be issued to his trust, which no longer has any checking accounts associated with it. I'm at a loss as to what to do here. If you received a dividend check then that sounds like that policy is still in force. You need to contact the insurance company and notify them of your father's death and file a claim. They would then make out one check payable to the beneficiary on the policy for the face amount of the policy and any dividends due.

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