Reply to What’s the process of inheriting money?

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[quote=Anonymous]I’ve created a task list from what you all have shared.

Thank you so much! We have done a lot of planning, yet I still worry I’ve missed something despite that.

The financial planner said we are beneficiaries on retirement accounts under him but neither of us has seen this in writing so I’d feel better if we saw that indicated on a document rather than just verbal confirmation. I have to find out how to get that info. Maybe I will call the institution with my parent on the phone with me to verify.

For a different financial institution, I was able to call and speak to someone who confirmed we are both listed as beneficiaries.

—The house is in a trust.
—The car, furniture, etc will go through probate unless we retitle the car. 
—We are on the bank accounts, so that can roll to us after we pay bills.
—I’ll visually check retirement accounts to ensure we are listed as beneficiaries. If so, these will be split by the institutions once we have provide the death cert and any required paperwork.
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