Notify the bank and post office in the event of death
When a testator dies, you must report the death to all institutions and banks. The post office is also to be informed of the death. We recommend leaving a bank account open for settling the estate.
Inheritance advance – what you need to know
An inheritance advance is a special form of gift. However, the recipient must offset this free gift from their share of the inheritance when the estate is divided up. Read on to find out what you need to know to prevent disputes later on.