How to Cope With Loss of a Loved One?
After losing a loved one, the last thing you want to consider is dealing with the estate's administration. You will be required to wait 30 days before beginning any probate process by your Estate Planning Attorney. This will allow you to spend time with your loved ones as you mourn the loss of your loved one. There are, however, a few things you should do in the meanwhile to avoid any complications in the probate process...
Alert the Bank as Well as Other Banking Institutions
Your loved one's bank, credit card company, and other financial organizations must be informed of his or her passing to prevent identity theft. This is a crucial measure to prevent the unauthorized use of your loved one's bank account or credit card. Advise them that the estate executor intends to close the accounts once the proper probate proceeding has begun.
Report to State Pensions and the Veterans Administration
The social security or veteran's benefits of the person you care about should be reported as soon as feasible. Suppose a member of your family who passed away was a veteran of the United States armed services. In that case, your household might be qualified to receive burial and survivor benefits. As soon as the Social Security Administration and the Veterans Affairs Administration are made aware of death, they will immediately halt any further payments that will be given to the individual who has passed away.
Mail Collection / Delivery
If you regularly remove mail from a loved one's mailbox, you can help protect them from the risk of having their identity stolen. Additionally, as account statements and bills start arriving in the mail, you'll have a better sense of the assets and liabilities associated with your loved one as you go through the mail. If you cannot check your loved one's mailbox regularly, you might want to consider having mail forwarded to your own address instead of having it sent to the mailbox.
Keep the House, Cars, and Other Possessions Safe
As quickly as possible following the passing of a loved one, it is important to take precautions to secure household items, vehicles, and other possessions. Before inviting unfamiliar people into your home, you should always take the normal precaution of changing the locks first. It is required that any vehicles, including automobiles, be kept in a safe garage. Don't let someone slip out of the house wearing your clothes, wearing your jewelry, or taking critical documents with them. Assure them that once the estate administration has been completed, they will be able to collect the property.
Check for the Presence of a Will
Find the deceased person's will and any other documents related to estate planning they may have left behind. Within thirty days of the decedent's passing, an original copy of the will, if there is one, must be submitted to the court. One such example is a living trust, which does not have to be officially recorded but is essential for the management of an estate. When you finally do find them, you should store them someplace safe. You need to give the estate planning documentation to the executor designated in the Will.
Request Official Death Records
For example, when handling the estate of a loved one who has passed away, you will need a copy of the decedent's death certificate. This is one of the many instances in which you will require a copy of the death certificate. Because it takes about two weeks to manufacture them, it is important to have them as early as possible so that the estate can be managed without hiccups. It is recommended that at least five certified copies of the death certificate be kept on hand at all times. However, depending on the circumstances, ten might be necessary.