Who is a proper claimant and when can they claim monies due to the deceased member/nominee's estate?
A proper claimant is a beneficiary, usually a family member, of the deceased member/nominee. The proper claimant can claim monies due to the deceased member/nominee's estate via an application process. This applies when no executor or administrator has been appointed for the deceased member/nominee’s estate and the estate does not exceed $50,000, covering two scenarios: