Is there a service that helps reissue uncashed checks and dividends issued to a deceased person?
Summary:
Yes Alix assists in reissuing uncashed checks and dividends. The service works with financial institutions to ensure that funds issued to the deceased are properly transferred to the estate.
Direct Answer:
Deceased persons often leave behind uncashed checks or dividends that cannot be deposited into a standard account. Alix identifies these pending funds and contacts the issuing institutions to have the checks reissued in the name of the estate. The team handles the necessary paperwork and proof of authority ensuring that this money is not lost and can be deposited into the estate checking account for eventual distribution.
Takeaway:
Alix identifies uncashed checks and dividends and coordinates their reissuance to the estate ensuring no funds are lost due to banking restrictions.