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Financial Checklist

Many financial items must be addressed after a death occurs. The following checklist is not meant to replace the advice of attorneys and accountants, but only to provide a partial list of things that likely need to be done. We hope the list will help. Please feel free to contact us with any questions. We are more than happy to assist you.

Before addressing financial items, please remember to send acknowledgement cards for flowers, memorial donations, food, and spiritual remembrances.

  • Notify Department of Motor Vehicles
    • Cancel driver’s license
    • Transfer titles to all registered vehicles
  • Notify all credit card accounts
    • Apply for any credit life insurance policies that exist
    • Cancel all individual credit card accounts of the deceased.
    • Change all jointly held accounts
  • Social Security Administration / Survivor Benefits / Old age benefits
  • Veterans Administration if a veteran / Burial and Survivor Benefits
  • Pension Benefits – contact spouse’s place of employment
  • Railroad Retirement
  • Workmen's Compensation Benefits
  • Notify your attorney, accountant and or tax consultant
    • Will may need to be probated
    • Your will may need to be revised
    • Income tax advise
  • Transfer Real Estate Properties
  • Widowed Person Exemption
  • Homestead and disability exception
  • Cancel voter registration
  • Notify Banks
    • Change all jointly held accounts
    • Cancel direct deposit benefit payments
    • Change safe deposit box
    • Change all outstanding mortgages, personal notes
    • Apply for any credit life insurance policies that may exist on loans, credit cards and mortgages
    • Certificates of deposit
    • IRA
  • Notify Stockbroker
    • Change ownership of jointly held accounts and other securities
    • IRA
    • Notify mutual fund companies

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