Focus SWW Summer 2017 | Page 18

Preservation of Assets When someone passes away, it is important to You may call, write to or email companies and make sure that the relevant people, companies organisations to inform them of a death and and organisations are informed. You will also most will require a copy of the death certificate need to ensure that any assets of the deceased for their records. are preserved until such time when they can be collected, sold or distributed. Some organisations offer assistance to make the process as smooth and as straightforward Informing the appropriate companies and as possible. For example, when you register the organisations about the death of a friend or death, often the registrar will ask whether you relative can be an emotional task at an extremely would like to use the ‘Tell Us Once’ service. This difficult time. However, doing this as soon as is a service that allows you to report a death to possible will help prevent any overpayments to most government organisations in one go and or from the deceased into or out of any bank helps to prevent overpayments. The registrar accounts; particularly any overpayments of will either complete this service for you at the benefit from any government organisations. It time of your appointment, or will provide you will also allow companies to put any accounts with a unique reference number to access this on hold and will provide you with more time to service You can also access this service online deal with assets and any liabilities in the long at: run. https://idp-death-tellusonce.direct.gov.uk/ Companies you might need to inform include: Death/Enrich/BeforeYouStart • Any government organisations (HMRC, DWP, DVLA, Passport Office, local council) • Banks, mortgage, pension or insurance providers Information you will need to assist you in reporting the death includes: • Date of birth • Investment companies or share registrars • Date of death • Utilities • Address (gas, electricity, telephone, broadband, water & sewage, TV licence) • Any other companies who you think might • Any relevant reference numbers need to know (care companies, landlords, • Occupation subscriptions or memberships, employers, • Marital status health professionals) 16 • National Insurance number The Society of Will Writers