It’s A Matter of Life and Death: End-of-Life Identity Protection Tips
End-of-life planning doesn’t begin and end with purchasing life insurance. To ensure that your family isn’t victimized by identity theft after you or a loved one dies, experts recommend that everyone take the following the precautions:
- Secure documents. Make sure identity documents are secure. Keep your birth certificate, passport and the like in a bank safe deposit box. Keep all important records in a locked file cabinet, and make sure that your spouse or someone else you trust has a spare key. These basic precautions will help protect you while you’re living and protect your family’s financial well-being after you’ve passed away.
- Store a legal will in a safe, locked location in your home, in a safe-deposit box, and on file with an attorney. Alert heirs as to where and how to access the will.
- Secure relatives’ personal information before illness or diminished capacity occurs. Mentally impaired relatives should not have unchecked access to their own information.
- Beware of scam artists who may attempt identity theft years after the estate has been dispersed.