Sunset
Find and close bank accounts for the deceased
177 followers
Find and close bank accounts for the deceased
177 followers
Use Sunset to find and close financial accounts after a death: Bank accounts, 401k, IRA, Life Insurance, Credit Cards, real estate, and more.
This is interesting.
1) Financial institutions protect their account holders in utmost privacy and has to pass identification and security. How are you getting them to release the data within a few minutes?
2) You mentioned the institutions will not know if there's a search. I am very skeptical of this. How will they not know you are trying to lookup the account holder?
3) Closing accounts require many steps, how will the institutions allow you to close it without anything in writing from the beneficiary? Don't you need some type of will to close and disbursed to the livings (beneficiary)?
Would love to see how this can work. If this can be done without going through all the red tapes, including legal requirements), then I would be your biggest fan.