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 The
Money Management Newsletter: Insurance
Products
Some of the things you need to know in the
event of a death of someone close to you
By David Newman (with files from Adrinne Snow, Active Adult)
Money Management Newsletter, November 2004
The sense of loss
associated with a death can leave you confused and overwhelmed concerning
all the decisions you'll have to face. With the help of Everest Funeral
Packages Insurance Services Inc. we hope you will find the following information
helpful.
Who to notify
Your immediate family members. They can help to contact other family members
and close friends to ease your burden of being the constant bearer of
solemn news The deceased's employer. If you wish, ask the employer to
notify co-workers of the death. Your employer. Promptly make your employer
aware of the death in your family and clarify your employer's bereavement
policy. Discuss whether you want your employer to notify your co-workers
of the death in your family. Priest, minister, or rabbi. If the deceased
was a member of a religious community, contact his/her priest, minister,
or rabbi. The clergy can be very supportive during this difficult period.
Fraternal, civic and veterans' organizations. Upon request, these organizations
may conduct rituals during the services or at designated times.
Gather the following
information of the deceased:
- Full name
- Social insurance
number
- Date and place
of death
- Date and place
of birth
- Marital status
- Full name of
spouse or former spouse (including maiden name of wife)
- Deceased's address
- Occupation
- Name and birthplaces
of parents (including maiden name of mother)
What to arrange for
- Someone to answer
your phone. This relieves you from lengthy and emotional conversations
with each sympathy caller.
- Prepare your
home for visitors.
If you are having a gathering at your home after the service, ask friends
and family to: bring a coffee urn, refreshments and food, paper- plates,
napkins, utensils, plastic cups, garbage bags, and folding chairs greet
guests at the door handle food and beverage responsibilities and assist
with clean up.
- Arrange for
childcare.
If you have children at home, consider arranging for a babysitter to
oversee their meals, naptime and general comfort.
- A register of
food and flowers received. Record food and floral items delivered
to your home so that you can send appropriate thank you acknowledgements.
If returnable dishes are not marked with the sender's name, write it
on masking tape and affix it to the bottom of the dish.
Locate important
papers as they will be needed:
- Will
- Marriage license
- Military discharge
papers
- Birth certificate
- Social insurance
card
- Citizenship
papers
- Insurance policies
- Bank books
- Mortgage papers
- Credit card statements
- Car ownership papers
- Income tax returns
- RRSP/RRIF information
- Savings bonds
- Information on
real estate held by the deceased.
Who to contact
after the funeral
After the funeral,
contact the following (if applicable):
| Deceased's
employer: concerning unpaid wages, vacation pay, group insurance
plans, pension plans, and retirement plans. |
| Life
Insurance Companies: contact the agent or the life insurance company
directly for claim forms. |
| Lawyer:
to help you with probating the will and administering the estate.
|
| Bank
or Financial Institution: to cancel credit cards, transfer and
close accounts including savings and chequing accounts, RRSPs, RRIFs,
etc. |
| Ministry
of Transportation and Communications: for transferring of title
of vehicles. |
| Provincial
Health Coverage: Terminate coverage. |
|
C.P.P. (Canada
Pension Plan): Terminate coverage and collect benefits.
|
| O.A.S.
(Old Age Security): Terminate coverage. |
| The
Department of Veterans Affairs: for assistance with benefits. |
| Accountant:
an income tax return must be filed either within six months of the
death or by April 30th, whichever is later. |
Speak up for yourself.
Let others know your needs, wishes and ways that they can provide support.
The grieving process will bring times when you'll need others around you,
perhaps even someone to stay in your home with you if you're not accustomed
to being alone. And at times you'll want complete privacy. There will
be issues with which you'll want assistance and others that you'll want
to handle personally.
* * *
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©
, Fiscal Agents Money Management Newsletter
25 Lakeshore Road, Oakville, On L6K 1C6.
(905) 844-7700
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