HOW DO YOU STOP THE FINANCIAL IDENTITY THEFT OF THE DECEASED?
In England, where the source of identity theft is tracked, forty percent of reported identity theft cases came from information about the deceased.
When someone dies, we make it easy for identity thieves to steal their identity. In the U.S., an estimated 400,000 checking accounts are opened each year in the name of someone who is deceased.
- We publish the decedent’s name, address and date of birth in the obituary.
- If probate is required, the documents filed with the probate courts are often public records. This means anyone can walk into the probate court and ask the clerk to review the probate records. Some companies make a business of scanning the documents, storing the documents on line and then selling access to probate records. Many courts offer on line access to probate records.
- The U.S. passport office has no form or method to notify the passport office of the death of the deceased
- State driver’s license bureaus have no form or method to notify the Department of Motor Vehicles of the death of the deceased
- Even worse, ninety days after the decedent’s death, the name and social security number of the deceased becomes public information. The Social Security Death Index provides a public record of all deaths. These records are available on many genealogy sites. Enter the decedent’s name in a search box and the decedent’s social security number will be displayed
A family member or friend should take immediate steps to prevent the financial identity theft of the deceased.
Notify the credit bureaus of the death of the deceased. Depending upon the circumstances, place a death flag or a credit security freeze on the decedent’s credit files
Complete the necessary forms to cancel identity documents.