Many of us have limited, if any, experience of managing someone else’s estate. It’s usually not required of us until a loved one dies, at which point it can feel quite overwhelming. Although it’s probably the last thing you want to think about at this difficult time, we’ve created a guide to help you think about things to cancel when someone dies.
There are two free services that may be available to make life simpler for you:
If you are the executor of the deceased’s Will – the person dealing with their estate (belongings, money and property) – then you will need to withdraw and distribute money according to their wishes. There are various rules depending on where you live, the value/size of the estate and your relationship with the deceased to establish whether probrate is required and who inherites if someone dies without leaving a will. These are known as rules of intestacy.
To close a bank account after a death you’ll need to do the following:
1. Register the death
2. Notify any organisations that may be affected
3. Notify the bank
4. Share the necessary documents
A grant of probate is required to legally allow you to deal with a loved one’s finances, however, most banks will allow you to withdraw funds to cover immediate expenses related to their estate e.g. inheritance tax, probate fees, funeral expenses. For more information, read our article titled wills and probate.
When someone dies, debts they leave are usually paid out of their ‘estate’ (money and property they leave behind). If there are insufficient funds, the debts will be paid in priority order until the money or assets run out. Surviving relatives aren’t usually responsible for paying off outstanding debts.
With a mortgage, if you jointly owned your home and there’s not enough money elsewhere in the estate, there’s a chance your home will have to be sold. Without life insurance, meeting the monthly payments on your own can be difficult so you’ll need to consider your options.
What happens to joint accounts when one person dies is a common question asked after the loss of a spouse or civil partner. The loss of a loved one is a troubling time, but it’s important to organise your joint bank accounts sooner rather than later.
Firstly, as a joint owner, you’ll need to register the death and provide a death certificate to access the bank account(s) – this will allow any joint current or savings accounts to be transferred into your name. Usually, any debit card in the name of the deceased, along with any telephone/online banking or payment arrangements, will be cancelled automatically, but the account details should remain the same.
If ‘Tell Us Once’ is not available in your area, following a death, you will need to contact the HM Revenue and Customs (HMRC) council tax office and inform them of the loss. They will require the following information:
If you have lost a loved one, here’s how to report a death to DWP. If you cannot use the ‘Tell Us Once’ service, you’ll need to contact the following organisations individually:
For more information about personal and workplace pensions, here’s where you can find the pension contact details. Alternatively, if the person had an armed forced pension, you’ll need to contact Veterans UK.
If you are wondering what to do with a passport when the passport holder has died, you’ll need to start by returning a form to the Her Majesty’s Passport Office (HMPO). They will be able to give you more information about how to send a deceased person’s passport back to HMPO.
Mail redirection for the deceased may need to be set up after the loss of a loved one. If you need mail redirected in special circumstances, such as a death, you’ll need to contact the Royal mail where you can download the relevant form. Alternatively, your local post office can direct you to important documents that you’ll need to fill out.
You’ll need to contact the relevant companies to settle up any utility bills when someone dies. You can arrange for final payment of the deceased’s account and set up an alternative payment method to continue with those servicers.
What happens to the bills will depend on whether the property is being inhabited or being left unoccupied:
If the property will be left unoccupied, it’s a good idea to locate the relevant meters and take readings as soon as possible. This will prove very handy when it comes to closing or settling water, electric and gas bills.
If you are inheriting or continuing to live in the property you shared with your spouse or civil partner, it’s usually a matter of contacting the relevant companies and having the bills transferred into your name, if they aren’t already.
NB: Home and contents insurance in most instances will be invalid after a person’s death. Therefore, please ensure appropriate insurance is in place for any property owned by the deceased.
Nowadays, lots of people have one or more social media accounts across multiple different online platforms. For more information about cancelling or memorialising these accounts, read our guide to dealing with online accounts after death.
If you need to cancel a TV licence or change it into your name, you can do so by filling out a contact form on the TV licensing website. When cancelling internet, landline or mobile phone bills, most providers have a specific policy in place, so you’ll need to contact the relevant company.
