If you prefer to read, the video transcription is below:
If you’re the executor or personal representative of the estate of someone has passed away, the very first thing you should do is get a copy of a death certificate or multiple copies.
And when you get those, the very first thing you must do is to check to make sure all the facts are correct, especially things like social security number, date of birth, date of death.
You’re going to need those to be exactly correct. The reason I say this is because when you go to a bank to get an account or you go to a life insurance company to get a policy, they’re of course going to want to cross every T and dot every I, which means everything has to match.
They want to make sure they’re paying out stuff to the proper estate and not the wrong person. If it’s wrong, even one digit, one month or whatever, they’re going to kick it back and you’re going to have to get it corrected.
It can be corrected. You must get it right, so don’t waste time and do it first. Have a great day.