The United States Treasury Rule states that any funds deposited either on or after the date of death (of the beneficiary or representative payee) must be returned to the government to limit loss and liability. Therefore, if the member dies on the 3rd and the deposit goes into the account on the 3rd, we must send the funds back to the Treasury to be distributed to the family, since 3Rivers does not have the right to make that decision.
If a family member dies and has deposits coming from the government, how do we know what will have to be returned after the date of death?
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