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Anonymous
How do the funeral service guys know where I parked my money upon death?
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Loh Tat Tian
26 Dec 2018
Founder at PolicyWoke (We Buy Insurance Policies)
For this question, it is good to do a will for grant your estate administrator or will executor the Whole Life insurance payout for this purpose. That's what I did when I was at age 22 and bought a small Whole life to prevent any issues.
But you may see how you want to do it.
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Next-of-kin, sometimes the whole families.
My grandmother just passed away, my father asked to sha...
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Haha, they dont. It is up to your next-of-kin(or whoever that engages them) to pay them.
If u would like to learn about estate planning, feel free to contact me directly.