Bereavement Guide

When a loved one passes away and those left behind are dealing with such grief and loss, it can be completely overwhelming to address anything to do with their death. For many they will not have experienced dealing with this situation first hand, and they are unaware as to where or how to start the process. Heritage Credit Union is here to help and make the process as easy as possible for you.

Deceased Accounts

Firstly, we would advise any next of kin to contact the Credit Union. We try and make the process as easy as possible for you.

Nominations

A Nomination is a form the deceased will have filled out, outlining whom the funds should be paid to following their passing.

Insurance

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Deceased Accounts

Firstly, we would advise any next of kin to contact the Credit Union. We have employees who are very sensitive to these situations and try and make the process as easy as possible for you.

You will need some of the listed documents and information below to commence the process.

  • Death Certificate for your loved one (generally available from your local Births, Marriage and Deaths Office in your HSE area) or an interim death certificate (available from your local coroner’s office).
  • Photo ID (passport or driver’s licence) and Proof of Address (dated within the last 6 months) - for the Executor/Administrator/Nominee.
  • Details of the Solicitor where one has been appointed.
  • Copy of the Will (if any made) may be requested.

Nominations

Value of funds in the account and whether a Nomination was filled out affects how funds are handled. A Nomination is a form the deceased will have filled out, outlining whom the funds should be paid to following their passing. Deceased accounts are dealt with as follows:

  • In the event that the Deceased filled out a Nomination, (that covers any amount in their account up to maximum of €27,000) to the Nominee(s). Any monies held in the account above €27,000 requires Grant of Probate to enable payment to the Executor or Solicitor.
  • In the event that the Deceased did not fill out a nomination and the balance in their account is €18,000 or less, the amount may be paid to the next of kin in line with Succession Law. Accounts that hold in excess of €18,000 requires Grant of Probate which in most cases is applied for with the help of your solicitor.
  • Copy of the will may be required to identify Executor and to allow access to deceased a/c information.
  • In the event that no known will exists, a family member needs to act as the Administrator for the deceased members estate and will most likely need to engage with a solicitor to help them through this process.
  • It is the beneficiary's responsibility to report inheritance to Revenue.

Insurance

It is essential that there is an up-to-date nomination on the account.

You can download a sample form below but if you need to update your nomination you must call in to a Heritage Credit Union branch and the staff will assist you.

Nomination Form