Navigating the First Month After a Death: Essential Tasks and Considerations

Losing a loved one is a challenging experience, and navigating the first month after their passing can be overwhelming. In addition to the tasks outlined in the initial week, there are several key responsibilities that need attention during this period.

1. Get Organized:
Setting up file folders to organize important documents such as receipts, appraisals, bills of sale, and death certificates is crucial. Additionally, licensing EstateExec from the estate's Overview tab can help streamline administrative tasks.

2. Decide on Legal Assistance:
While having a lawyer's assistance can be invaluable during this time, many individuals opt to handle matters themselves to save costs. Carefully consider whether legal representation is necessary based on the complexity of the estate and your comfort level with the probate process.

3. Start Inventorying the Estate:
Begin gathering information about estate assets and debts, including real estate, stocks, collectibles, mortgages, and loans. This process may take several months to complete fully and will require careful documentation and organization.

4. Maintain Operations:
As the executor, it's essential to ensure that ongoing responsibilities such as maintaining properties and paying utility bills are taken care of. Additionally, unoccupied properties should be protected against potential risks such as theft, vandalism, and damage from weather conditions.

5. Cancel Unneeded Services:
Terminate services such as cell phone plans, internet access, cable TV, and rental agreements for residences that are no longer occupied by the deceased. However, refrain from canceling essential services like electricity and water until the property's status is resolved.

6. Notify Service Canada and CRA:
Inform Service Canada of the deceased's passing by the end of the month and cancel any benefits or payments they were receiving, such as Old Age Security (OAS) or Canada Pension Plan (CPP) benefits. Additionally, notify the Canada Revenue Agency (CRA) of the death and complete any necessary forms to update their records.

Discover how King's Downsizing & Estate Services can support you during the challenging first month after a loss. From organizing important documents to navigating legal matters, our expert team is here to guide you with compassion and clarity. Contact us today to ease the burden of estate settlement.

Désirée King
REALTOR®, Certified Executor Advisor (CEA)
416-333-8520