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Report the person's death to banks, credit card companies, credit bureaus, and other financial organizations. And contact utilities and places where the person had memberships and subscriptions. Learn from the Federal Trade Commission what to do about any debts the person had.
In most cases, the funeral home will report the person's death to us. You should give the funeral home the deceased person's Social Security number if you want them to make the report. If you need to report a death or apply for benefits, call 1-800-772-1213 (TTY 1-800-325-0778).
Basic Death Notification Procedures Always make death notification in person ? not by telephone. It is very important to provide the survivor with a human presence or ?presence of compassion? during an extremely stressful time. ... Arrange notification in person even if the survivor lives far away.
Family members or next of kin generally notify the bank when a client passes. It can also be someone who was appointed by a court to handle the deceased's financial affairs. There are also times when the bank leans of a client's passing through probate.
Financial organisations Insurance companies (e.g. life, buildings/contents, medical, car, travel). Pension providers. Credit card/store card providers. Any other financial institutions must be informed so that any accounts solely in the deceased's name can be frozen to prevent fraud.
The executor named in the will can do this, or if no executor has been nominated, the administrator (main beneficiary). They'll contact the bank in question with proof of death to begin the process. The Death Certificate is typically accepted as proof.
A death notice is a brief statement announcing someone's death. In just a few sentences, the notice explains need-to-know details about the death, along with information regarding memorial or funeral services to be held.
Once the bank has been notified of the death, the account will be frozen. If there are any direct debits or standing orders being paid from the account ? for example, utility bills ? then you should notify the companies first so that they are aware of why the payments have stopped.