Then, have a look at our list of tips to learn what you can do to keep track of your assets. Lack of such information can prove costly in terms of time and money. In times of grief, few heirs can think straight or act like detectives. Without these records, it may take weeks, months or even years to uncover all of your assets and locate the necessary documents that will ensure that your heirs find what rightly belongs to them. It's not only jewelry or other valuables that can get lost when someone dies.
Financial experts say our high-developed consumer society compounds the problem.
The only gainers in such cases are the banks and companies that hold the overlooked assets. They can wind up making profitable use of the money indefinitely, or at least until they have to hand it over to the state as unclaimed property. Have a look at the tips we've provided in the links below. Social Security No. InterMagicA. All Rights Reserved.