What to do when someone dies checklist

checklist

With the death of relative financial obligations generally disappear however there are cases where debts can continue to generate interest. The National Commission for the Protection and Defense of Financial Services Users in the magazine Protect Your Money explains the circumstances in which debts can be inherited.

checklist

The main ones he indicates are when the deceased is married when you are legally responsible for liquidating the inheritance of the deceased and you have not complied with certain applicable laws; If the obligation was confirmed. Likewise, if he was appointed executor or if he is jointly bound, that is, if he signed as guarantor or guarantor.

The agency points out that in the case of credit cards and mortgages most have insurance that cover the debt when the owner dies. However, it is important to remember that the case of the cards is not valid if you have more than three months of delay in payment or if you use them days after the death of the holder.

The institution refers that in order to conclude with the contract that the deceased contracted with the financial institution it is advisable to cancel the plastic which can be done through a telephone call or going directly to the branch. In the case of mortgages, the debt is liquidated as long as the policy includes the joint marital coverage scheme and there are no arrears in payments.

In the case of bank accounts if no movement is registered in six years they will go to public charity. So it is advisable to attend submit an application to know in which institutions are the accounts and in this way. The beneficiary of the deceased can recover the resources. For all of the above suggests informing someone you trust about the location of the important documents so that in case of death locate the insurance policies, testament or adhesion contracts without problems.