fbpx Ask An Expert

How Long Before I Can Expect To Receive My Inheritance?

wall clock at grey concrete background

  1. 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.
  2. 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.
  3. 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.

Want to read more?

Please login below. If you don't have an account, feel free to sign up and get access to the entire WealthCAP HUB®.

error: This content is protected!

suggestion

Feedback

Ask An Expert