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The Conversation
Kate Reed, Professor of Sociology and Director of the Sheffield Methods Institute, University of Sheffield

Sorting a loved one’s finances after their death – what you need to know

Organisations can make admin easier for bereaved people by ensuring staff are well trained. Prostock-studio/Shutterstock

Financial anxiety is often talked about, but rarely in the context of bereavement. Following the death of a loved one, relatives usually have to complete a range of financial “death administration” tasks.

These can be anything from closing bank accounts and settling utility bills to managing probate (things like property sales, asset management and inheritance distribution). The UK Commission on Bereavement has estimated that 61% of adults struggle to deal with such time consuming and time sensitive administrative responsibilities.

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