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Social Security Number

Posted on March 16, 2022 in asset protection,identity theft

Some wealthy relative has asked for your Social Security number for their Trust.  Do you give it to them?  The answer is no.  Social Security numbers are not necessary in order to be named as a beneficiary in a Trust or a Will.  Your Social Security number is confidential.

Someone can steal your number in various ways.  Stealing wallets, personal information, going through trash or even by posing on the phone as someone who needs it like the IRS.  Be careful with you Social Security number.  Keep your card or any other documents that show your number in a safe place.  Do not carry your card with you on a daily basis.

If you think someone is using your number, report it.  If it was identity theft you can go to identitytheft.gov and get a recovery plan.  You should also contact the IRS due to the fact that tax issues can come up from it.  You can file a complaint with the Internet Crime Complaint Center at ic3.gov.  For a free once a year review of your credit go to annualcredit.com to see if there are any credit cards or other items on your credit that you do not recognize.

Be proactive in keeping you Social Security number safe.