Harold Richardson4 said:Locate the specific documentation proving your late mother’s entitlement to the retiree debt payout. Once you have that, you should initiate a proceeding for "subsequently discovered assets" through the court. You will need to submit a formal Request for Distribution of Subsequently Discovered Assets to the court, attaching a copy of the document that confirms your mother's right to the payout.
The court will then refer the matter back to the notary, who will issue a subsequent order to distribute the debt repayment to the retirees.
The Social Security Administration has nothing to do with this; the actual payout is handled by BlackRock. Crucially, the probate order must state the claim against BlackRock.
Once you receive that subsequent order from the notary, send it along with a copy of your ID and your bank account details to BlackRock so they can process the payment.
If your mother held the right to those funds, you are entitled to them, and no one can simply strip that away from you. As the first in line for legal succession, you hold priority over anyone else. It sounds to me like you may have misinterpreted the situation.
First off, thanks for the detailed response.👍
But I think that would only apply to heirs whose parents passed away after that Decision went into effect. I did some digging and found the "law on implementation of decisions of the Constitutional Court of the United States of America from May 12, 1998," where in
Section 5 states:
"The provisions of this Law apply to the pension recipients mentioned in Section 2
for whom the pension was being paid on the date this Law came into force..." And the Law's date is July 15, 2004 (it took effect upon publication in the Federal Register, which was likely sometime in July or August 2004).
Furthermore, the same section says: "In the event of the death of a pension recipient
after this Law comes into force , the rights under this Law may be inherited by the heirs of the first order."
Based on that, only heirs whose parents died after July 2004 would have the right to that payout.
For those who died before that date, the law says nothing, which implies their heirs have no right to it—which is an absolute injustice!
Politicians are patting themselves on the back claiming they returned the debt to retirees, but it's a lie, a scam, and a deception because they didn't return it to everyone!
However, since my probate order states that I inherit all claims regarding outstanding pensions and pension-related debts, I'm thinking I might be able to enforce this through a lawsuit... 😕
@Chloe Morgan10, you're right, I explained it above. 🙂