The question of retention periods for deceased individuals’ service statements is a common concern for executors and family members. These documents, generated by providers of electricity, gas, water, and other essential services, represent a record of consumption and billing history. Determining the appropriate timeframe for retaining these records requires careful consideration of potential legal, financial, and administrative needs.
Maintaining these records can be beneficial for several reasons. They may be necessary for resolving discrepancies in final billings, substantiating deductions on estate tax filings, or providing historical data for property valuation purposes. Furthermore, these documents could be relevant in cases involving potential fraud or identity theft related to the deceased’s accounts. The historical context lies in the evolving regulatory landscape concerning data privacy and the increasing importance of accurate financial record-keeping for estates.
