Thursday, September 19, 2024

How to Receive Money Saved from a Deceased Relative Without a Will – NBC 7 San Diego (20)

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SAN DIEGO: Talking about death is always a difficult topic, but it’s necessary because if it happens suddenly and you don’t have a will or beneficiary, we can leave our family in serious trouble.

This is what happened to Carolina Sanchez, who, in addition to grieving the loss of her brother, had to face a series of obstacles in order to recover the money that he had so painstakingly saved in his life.

says Sanchez, who in less than a month has gone through the difficult experience of the deaths of two of your brothers.

“My brother died in Mexico on July 5th and it was only two weeks since that person was buried and that person passed away on August 6th. So, as they say, I’m still not breathing, I wasn’t processing the death of one when the death of this other came to me,” Sanchez said.

She’s referring to her brother Leopoldo, who passed away in North Carolina in August 2021. She was grieving, penniless, and worried about expenses, but nonetheless traveled to North Carolina alone to organize and hold the funeral.

Upon arriving, he learns that Leopoldo has a Wells Fargo bank account, but when he tries to find out, he is denied access. That was when he realized that since he had no children or wife to survive, his brother’s money would remain in the hands of the bank.

“That money belongs to my brother and I had a lot of expenses, I think this money belongs to me to be able to cover those expenses that are not covered yet,” he said.

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Telemundo 20 Responde, Wells Fargo was contacted, requesting information on steps to be taken in such cases, where the account holder has no beneficiaries.

Wells Fargo said in a statement:

“When a loved one passes away, we know dealing with their finances can be stressful. We’re here to help make it as simple and straightforward as possible. We provide information and tools in our Customer Service Center that can help family members with required documentation. It’s important to know The documents required may vary from country to country. We encourage customers who have questions or concerns to contact us.”

After the intervention of Telemundo 20 Responde, Sánchez was able to provide the necessary documents and received a check with his brother’s savings.

“I feel so grateful to God and to you, once again, I repeat that it is Telemundo Responde that has made all this I have just achieved, this feat after more than a year,” she said.

It is important to leave a will and trust, as well as specify who will be your representative or beneficiary if you die. Also, make sure that you have all your documents not only with your banking institution, but also with your life insurance, retirement or retirement account.

Although it is difficult to think of it, you have to plan for the day when we are no longer here, with the will, be sure to decide who will be able to enjoy the fruits of your labor.

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