This form is a sample letter in Word format covering the subject matter of the title of the form.
Decedent Account Bank With Or In Harris
Category:
State:
Multi-State
County:
Harris
Control #:
US-0034LTR
Format:
Word;
Rich Text
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FAQ
The beneficiary generally does not need to hire a lawyer or file anything in court to access the funds. They should be able to simply present the bank with proof of the death (e.g. a death certificate) as well as proof of their own identity, and the bank should release the funds directly to them.
Any bank can handle an estate account. It isn't exactly rocket science, the main difference being the signer on the account was court-approved. Pick your favorite bank and go there.
The banks will then freeze the accounts until a Grant of Probate has been awarded. It's important to notify any relevant financial institutions as soon as possible after a death. Failing to do this, or continuing to use the person's bank card to make payments or withdrawals, is illegal.
Contact the bank in advance to ensure you arrive with the appropriate documents, but you'll likely need to bring a notarized or certified copy of the death certificate and proof of your identity, such as a driver's license or passport. You'll also need the decedent's legal name and Social Security number.
The best banks to open an estate account Schwab One Estate Account. Fidelity Estate Account. Estate Services. USAA Survivor Relations.
In these cases, simply visit the bank with a valid ID and a certified copy of the death certificate. You will then have access to the account, allowing you to withdraw the funds as needed.