Having registered the death and the funeral having taken place it’s important to get started on making other notifications, identifying the deceased’s assets and liabilities, wherever they may be, and in whatever form they may be. This part of dealing with the affairs of someone who has died is all about being organised and scheduling as much information as possible. There are useful templates to help with this and we recommend that you always make a note of the people that you have notified and the next action required.
Most companies in which the deceased may have had an investment or borrowings will have a department that deals with bereavement and they are usually easy to get in contact with and respond quickly. Similarly, utility suppliers have similar teams and will tell you what to do next.
The key parts of this section are:
  • Getting organised with records that you can keep track of assets and liabilities and who you have notified
  • Insurances – making sure that any property insurance is amended to cover unoccupied property, tracking any life policies etc
  • Identifying assets in the form of banks, shares ISA’s, endowments etc
  • Identifying any liabilities of the deceased from credit cards to mortgages and other loans and understanding what happens next, this often depending upon whether the debts are joint in in the sole name of the deceased
  • Making sure that you notify all utility suppliers and suppliers of other services
  • Tracing pensions and looking into whether there are any ongoing amounts due
  • Assets that may be located overseas
  • Handling the growing presence of internet accounts, be they financial or social media
There are a number of useful templates that are relevant to this section and look out for the red type which takes you straight to the relevant form or section on the intranet.