4081 Tamiami Trail North, Suite C-105, Naples, FL 34103 . Andy Hill (239) 777 – 3188 . Jennifer Figurelli (239) 777 – 3129 . www.ResponsibleAdvisors.com
Avoid an After-Death Identify Theft
Dealing with both the death of a loved one and money matters at the same time can be overwhelming. Important financial decisions must be made within a relatively short period of time. This can include making final/funeral arrangements, legal matters related to the estate, and sorting out bank and financial records. Being consumed with grief can often make someone a target for crooks who prey on the vulnerable, especially the widow/widower. These acts of fraud often go unnoticed for several years before family members realize that a theft has occurred. These crimes cause additional stress and heartache for surviving family members. The following are several steps that you can take both in-person and online immediately after the death occurs to prevent an after-death identify theft.
Limit the Amount of Information Published in an Obituary. It isn’t uncommon for a thief to burglarize the home during the funeral service. Always have someone remain in the home during the funeral service or hire a security service to monitor the property.
Request Certified Copies of Death Certificates:
You will need one for each of the following: Credit bureaus, bank/financial institutions, insurance policies, utility companies, and possibly others. Contact the Social Security Administration to cease future payments and to prevent criminals from obtaining the number from the Death Master File. Be sure to contact the Department of Motor Vehicles to cancel their driver’s license. If the deceased was a Veteran it may be helpful to contact the Veteran’s Administration for potential burial benefits, as well as additional institutions as applicable.
Disposal of Medications & Prescription Drugs:
Take caution when discarding or disposing of any prescription drugs. Identity theft not only targets the living but also the deceased. Remove any identifying information on the labels of the prescription drug containers before discarding them.
Monitor the Deceased’s Credit Report: Within 4-6 weeks after death, check the credit report of the deceased person to determine if there is any suspicious activity.
Remove As Much Online Personal Information: Remove any personal information of your loved one’s digital footprint. Deactivate any social media accounts. Shut down email accounts. Close any online accounts with banking & financial institutions.
4081 Tamiami Trail North, Suite C-105, Naples, FL 34103 . Andy Hill (239) 777 – 3188 . Jennifer Figurelli (239) 777 – 3129 . www.ResponsibleAdvisors.com