I stand to inherit a lump sum from a relative.?

Question

Is there anything I should look out for? How do I know if someone else doesn't have a claim to it?

Answer 1

You only need to make sure that the executor of the estate knows where to find you.

The executor will pay all the heirs, after the estate is settled.  The life insurance policy will pay any beneficiaries directly.   You can't "claim" money.

Answer 2

RULE 1-  You never stand to inherit        anything until your relative dies.

RULE 2-  Until your relative dies they have an absolute right to change the individuals to whom they want to leave money or property.

RULE 3- After relatives die, government entities, strangers and others will come out of the wood work and claim money from your inheritance. Many are false but others are sadly legitimate.

RULE 4- Live your life as if you have nothing coming and you will never be disappointed.

RULE 5- Only weeks after your relative has died and been buried do you begin to inquire if there was an estate left for distribution. You will generally be contacted within one or two weeks from an estate administrator whose legal duties include ensuring the testator's last intentions are carried out.



RULE 6- a Probate Court will examine competing claims against the Estate determining if you have any right to any estate property.

Answer 3

inheritance  comes through ancestor or parental side if you are only one follower or any other relative who outhorise you