When someone passes away, the emotional weight is already significant. On top of that, there are a number of financial and tax responsibilities that need to be handled with care.

Having a clear checklist can make this process more manageable and help you avoid delays or unexpected issues.

Here is a structured overview to guide you through the key steps as an executor or family member.

1. Obtain the Death Certificate

Your funeral director will usually help with this.

1. Notify the ATO, banks and service providers that the individual has passed away.
2. Confirm the executor: Check the Will to identify who is responsible for managing the estate.
3. Assess probate requirements: Determine if probate or letters of administration are required. Seek legal support if needed.
4. Notify the ATO of authority:  Advise the ATO who is acting on behalf of the estate.
5. Manage business obligations: Bring all BAS and tax lodgements up to date. Confirm authority if a company is involved.
6. Lodge final individual tax return: Complete all outstanding returns up to the date of death.
7. Assess if a Deceased Estate trust is required: Your accountant can advise if this is necessary.  You will need to lodge estate trust tax returns.
8. Finalise tax position: Ensure all tax matters are settled before distributing funds to beneficiaries.