Death Certificates?…Just how many do I need?
The other day, I had met with a husband and wife who were making their final arrangements with our funeral establishment. I cannot stress enough how important a pre-need plan is and the many benefits it provides. For one, it takes not only the emotional burden, but also relieves the financial burden off of the surviving family members, especially their children. Without a pre plan in place, it is usually the children who must bear the burden of paying for their parents final expenses. Nowadays, it is the children who have been effected by the economy, high unemployment rates and of course we cannot forget about the real estate fiasco of 2008. That’s why many families are now deciding on pre-planning their final expenses in advance so they don’t have to financially ruin their children.
One of the many questions I get when doing a pre-planning session is “How many death certificates do I need and who needs them?” Since every person’s estate can vary, I have created a list to help you answer that question.
Any type of IRA
Safety deposit box
State Tax Returns (IRS)
Federal Tax Returns
Cell Phone Companies
Social Security (There is a $255 Death benefit to the surviving spouse)
Deed of Trust (Property)
All Insurance Companies (Life, Health, Auto, etc)
Employer (if still working)
All Major Credit Cards
Department Store Credit Cards
Any type of Bank Account
Some banks today will take a copy of a death certificate, but you will need to bring in the original. The bank will photo copy the death certificate and return the original to you.
I hope this list helps you in determining the number of death certificates need. If unsure, just ask your funeral professional for assistance.