Presumption of death law supported by government
Last week, the government publicly lent its support towards introducing a Private Members Bill regarding the presumption of death law, which will see a presumption of death certificate come into play when individuals have been declared missing, presumed dead.
This presumption of death certificate will contain the same power as a traditional death certificate and will help loved ones left behind to move on, by being able to settle the financial affairs of the missing person much faster and easier than they have been able to in the past.
Currently, the death certificate allows the executor of a will to contact all financial organisations relevant to the deceased. These organisations are then able to provide information regarding how much money they held for the deceased at the time of death and the amount of income received during that that particular tax year. On receipt of the death certificate, they can also freeze the deceased’s bank accounts.
In future, presentation of a presumption of death certificate will also allow the relevant representative of the deceased’s estate to access the same information and carry out the same activities, without having to wait years at a time.