Which list should include account numbers and beneficiaries after a death?

Prepare for the CUNA Financial Counselor Exam. Use flashcards and multiple choice questions to study, with hints and explanations included. Ace your exam with thorough preparation!

The correct choice is the Financial Inventory. This list is specifically designed to encompass all financial assets and accounts, including account numbers and beneficiaries. After a death, the Financial Inventory serves as a crucial tool for the executor, family members, or financial professionals to identify what financial resources are available to settle the estate and ensure that beneficiaries receive their designated assets.

In the context of estate management, a Financial Inventory provides a comprehensive overview of all monetary accounts, including bank accounts, investment portfolios, life insurance policies, and retirement accounts. Each asset's details, including account numbers and listed beneficiaries, are vital for effectively managing the distribution of the deceased's assets in accordance with their wishes and applicable law.

While the Personal Inventory might include items of significant personal value, such as possessions or property, it does not specifically focus on financial accounts and their details. The categories concerning Debts and Memberships pertain to obligations and affiliations rather than the necessary financial details required for managing estate matters, which is what the Financial Inventory is intended for.

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