IT'S important to keep your finances in order all through your life. See what happens if you don't cancel your credit cards before death. Read this e-mail I got:
A man's aunt died in January and the bank billed her for February and March.
Nephew: My aunt died in January.
Bank: The account was never closed and late charges apply.
Nephew: But she is dead.
Bank staff tells man to speak to the supervisor. The supervisor asks for the death certificate and it is faxed to him.
Supervisor: Our system isn't set up for death. I don't know what more I can do to help.
Nephew: If you figure it out, great! If not, you could just keep billing her.... Would you like her new address?
Supervisor: Yes.
Nephew: Kranji Cemetery.
A man's aunt died in January and the bank billed her for February and March.
Nephew: My aunt died in January.
Bank: The account was never closed and late charges apply.
Nephew: But she is dead.
Bank staff tells man to speak to the supervisor. The supervisor asks for the death certificate and it is faxed to him.
Supervisor: Our system isn't set up for death. I don't know what more I can do to help.
Nephew: If you figure it out, great! If not, you could just keep billing her.... Would you like her new address?
Supervisor: Yes.
Nephew: Kranji Cemetery.