The Savings You put away are in danger of staying put-away forever in the Company.?
Thousands of accounts are opened by couples who have grown too old to keep track of their savings, and when one of them pass away,the heir is handicapped by knowing little or nothing by the secrecy in which the Saving company has stached it away. Passwords, Memomrable information,Account Numbers( Company names are likely to have changed names several times since the initial deposit) The Original Phone Numbers would have changed and the people you remember are no longer with the company. Where is the Heir to go ? The company will refuse to discuss anything with you over the phone . Proving your Identity ,after you have got information of a few particulars would require a Claims Solicitor and will be obstructed by the company solicitor . The pay out to settlement will be hefty and stressfull. I suspect many will leave the entitlement to the savings
company ,believing that the end result wil
The question is how is the surviving spouse or heir who is elderly and alone to be protected ?
The question is how is the surviving spouse or heir who is elderly and alone to be protected ?
Answer by Michael F
Do you have an actual question?
Sounds more like a continuous diatribe against some unnamed company
Answer by blackjack432001
is there an intelligible question behind all of this? besides those i leave behind, who cares what i left behind...after all, i'm dead, right?
Answer by swenjj
a death certificate would sure help cut the red tape, or making sure the spouses name is on the account
Answer by Thin Kaboudit
You know you might be on to something there! The BEST plan might be to just be very poor when you are old! Catfood doesn't taste THAT bad, after all!
Why bother!??!
Answer by Terry
Most people who are investors have the sense to set up wills and powers of attorney to protect themselves and executors. If they don't then I guess it's their funeral... so to speak!
Answer by Frank Castle
When you open a bank account they always ask you for another person (Usually the husband or wife) and if you die he or she gets all the money.
The papers are usually stored in a safe place (Like a vault inside a bank) and you let the other person know where are these important paper in case you die.
Most people include this information in their will.
If the husband or wife is too old then you give this important information to your children or grandchildren and they will take care of everything if you die.
If you don't have any grandhildren or children then you can hire a Lawyer and they will take care of your husband or wife after you are dead.
I can asure you the banks have trillions (The big ones) and billions (The small ones) and they don't need to steal your money after you are dead.
Answer by Wade H
Anything is accessible to conservative judges. My mother was killed in a plane crash. They resurrected "her". "She" now gives all to the conservative camp. If your sons and daughters can "prove" this (have a private army and can make the police etc. back down) then a fraud is a fraud. Otherwise, your kids are "nuts"; what you died? naw - there you are risen from the dead handing the congressman a check.
Answer by Tomk
Well, if the money in in a savings account or a trust fund or in stocks and bonds or in a money market account, etc, then you get statements at the very least annually to let you know how that investment is performing. When those statements show up at the house you say WOW! Grandpa had this savings account and these investments.
If he buried a ton of cash in the back yard, then you're probably just outta luck.
Give your answer to this question below!
Orignal From: Your savivngs are likekly to stay inaccessible after you die.?
Post a Comment