- If a decedent named the beneficiary to receive retirement plan assets or life insurance proceeds, the beneficiary can make application to the plan administrator or life insurance company and receive those assets relatively quickly – sometimes within 15 – 30 days.
- If a decedent named the beneficiary as joint tenant or beneficiary on a bank or brokerage account, the beneficiary can take the decedent’s death certificate to the bank or broker and request the funds. The beneficiary might receive those funds in less than 7 days.
- If a joint tenant to a real estate asset has a certified copy of decedent’s death certificate, that beneficiary can record an “affidavit death of joint tenant” and change title to his or her sole name within days of a person’s passing.
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