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Old 12-29-2023, 10:06 AM
CoachKandSportsguy CoachKandSportsguy is offline
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Quote:
Originally Posted by Toymeister View Post
No need. The Social Security Administration has already recorded her death. No one will be getting credit under that SSN ever again.

All three credit bureaus use SSA's death records. It happens in days, not weeks, not months.
I agree with this response as well, and best to delay the obituary announcement in any papers for about a week to allow for any weekly data to get transmitted and loaded into government systems. This is why any SS checks automatically stop after death most times.

One issue to be concerned about is a social security check being deposited in the deceased's account electronically after death due to information crossing during check processing. You may be required to return the last payment.

So new inquiries / accounts should be protected, however, existing accounts are still at risk and those should be closed with documentation asap, so close any and all credit cards for risk mitigation. We went online with my dad's / mother in law credit cards and closed the accounts, so now my mom alive does not have any outstanding. PSA: we still get snail mail offering my wife's dead parents all kinds of savings and offerings, based upon the sales of existing account lists into the future.

Medical debt / expenses on credit cards / accounts will be need to be managed manually with estate checks or other manual payments, as some medical debt processing takes time to process reimbursements to calculate the final bill.

Start any estate probate processes as soon as legally possible to also minimize the risk of claims against the estate to legitimate claims, as my aunt and uncle's estate was taken to court with a "napkin claim" by a very shady neighbor, a very shady attorney, and a very accommodating court system. The person actually took many items from their house being a "nice neighbor" who had an emergency key to the house.

the estate was not looted but lost money due to attorney fees. And my dad as the executor in his 80's was not the best person to be driving 2 hours each way to defend an estate against fraud. . . .

Death, taxes and fraud are now the big three events which everyone faces.

good luck