Once a person is declared dead that can trigger life insurance payouts, retirement plan handoffs, bank account transfers and more. These are often important pieces of an estate plan.

If a hacker has illegally had a person declared dead and managed to have important accounts paid out to him or herself, then the delicate balance of an estate plan can crumble.

Of course, this is not currently a widespread, real world problem.

On the other hand, this is something to keep in mind if you stop receiving account statements. You might want to check and make sure you have not been declared legally dead by a hacker.

Philip J. Kavesh
Nationally recognized attorney helping clients with customized estate planning guidance for over 40 years.
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