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Insurance: Contact the insurance
companies of the deceased regarding policies;
life and accidental, car and boat insurance, home
owner's mortgage insurance, etc. Death benefits
or a refund of unused premium may be owing to
you. |
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Residence: If the deceased
lived alone, notify utilities, landlord, newspapers,
etc., and tell the post office where to send the
mail. Take precautions against theft. |
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Car: If the deceased owned
a car, notify the local Motor Vehicles Office
Barrie : 728-3861) and car insurance company so
the policy can be kept in good standing. |
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Debts & Instalment Payments:
Check these promptly. There may be insurance clauses
that will cancel them. Consult with creditors
if there is to be a delay in meeting payments
until the granting of probate or letters of administration
and ask for more time before payments are due. |
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Banks and Credit Card Companies:
Notify these institutions where the deceased had
accounts. Inquire about the existence of safely
deposit boxes. |
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Employer: Check with the
deceased's former employer and/or personnel department
with respect to pension and insurance policies
of the company. Was the deceased a contributor
to the plan? Some people are eligible for a termination
salary if they were employed at the time of their
death. |
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Canada Pension Plan: There
may be a lump sum payment to help cover funeral
costs and a survivor's pension which you can apply
for. Call 1-800-387-5280. |
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Old Age Pension: Inform the Income
Securities Office of the death. 1-800-387-5280.
The spouse of the deceased will be affected. |
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OHIP Coverage: If OHIP coverage
was in the deceased's name, notify the local office
Barrie : 726-0326) |
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DVA: If the deceased was
receiving benefits through the Department of Veteran's
Affairs, contact the nearest D.V.A. office to
find out if the death benefit is available. (Barrie
Office: Tuesday's 728-1924 or 1-800-387-0919) |
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Income Tax: An income tax
form should be filled for the deceased for the
tax year in which the death occurred, even if
there was not taxable income. All relevant information
should be kept. |
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Will: Sound estate planning
and a properly drawn will can reduce or eliminate
taxes and other costs levied at the time of death.
Contact the executor immediately upon death. |
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Stocks, Bonds & Other Investments:
Contact lawyer or financial advisor for advise
regarding transfer of assets and tax implications.
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Business Assets: If the deceased
owned or had interest in a business, these holdings
will likely require some attention. The assistance
of an attorney or tax advisor is recommended. |
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