Losing a loved one is never easy and managing their financial affairs can feel overwhelming. Taking prompt action-such as notifying financial institutions and closing accounts-can help prevent complications down the road. Executors or family members may need to locate important documents, request multiple copies of the death certificate and ensure credit bureaus are informed to prevent fraud. These steps can make a difficult process more manageable and provide clarity during an emotional time.
For estates that require probate, consulting an attorney can help ensure everything is handled correctly. Beneficiary claims for life insurance or investment accounts should be filed as soon as possible to cover expenses or settle debts. Veterans’ families may also be eligible for special benefits and local service offices can assist in navigating those resources. Learn how to navigate this process with confidence and support on USAA.
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