What Happens After an Annuity Death Claim Is Approved? | NC

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Q: What happens after an annuity death claim is approved for payment to an estate? A: The annuity company generally sends the proceeds to the estate by check or another authorized payment method. But approval does not prove that payment was issued or received. The estate administrator should confirm the payment amount, payee, issue date, delivery method, and transaction details for each annuity…