Page 37 - Burquitlam Funeral Home

not intended to be a a a a a substitute for specific individual tax legal or or estate settlement advice as certain of the the described consideration will not be be the the same for every estate Accordingly where specific advice is is necessary or or appropriate consultation with a a a a a a a competent professional is is strongly recommended Most of of of all all keep in in mind that while it it it is important important to to take care of of of all all of of these activities it’s more important important to to move slowly at at a a a a a a a pace that is comfortable for for you you during your grieving process Important Documents
Locate as as many of the following documents as as possible: Wills Deeds Bank Books Stock Certificates Military Discharge Papers Social Insurance Insurance Card Tax Forms Vehicle and Boat Titles Insurance Insurance Policies etc Death Certificates Before the the business and legal issues of the the estate can be be pursued it will be be necessary to obtain certified copies of the the the death certificate You can order them from from the the the the funeral director or or or directly from from the the the Registrar of Vital Statistics in your area It is is is always better to order a a a a a a a a a a few more than what you you you think you you will will need Most agencies will will only accept certified death certificates and not photocopies Administration of a a a Will Will Wills are simple inexpensive ways to address many estates But they don’t do do it all Here are some things that may not be accomplished in in a a a a will:
• Named beneficiaries for certain kinds of property although sometimes wills contain beneficiary designations that overrules previous ones A will cannot be used to leave • Property you held in in joint tenancy with someone else At death the the deceased’s share will will automatically belong to to the the surviving joint tenant(s) A will will provision leaving the the the deceased’s share to someone other than the the the surviving joint tenant tenant would have no effect unless all joint tenants died simultaneously • Property that was transferred to a a a a a a living trust • Proceeds of a a a a a life insurance policy for which there is a a a a a a a named beneficiary • Money in in a a a a a a a pension plan individual retirement retirement accounts or other retirement retirement plans Page - BURQUITLAM FUNERAL HOME BURQUITLAM FUNERAL HOME - Page 37