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 Hillsborough
Category:
State:
Multi-State
County:
Hillsborough
Control #:
US-0034LTR
Format:
Word;
Rich Text
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FAQ
"The surviving owner will be able to withdraw funds from the account," says David Doehring, probate attorney and managing partner of Doehring & Doehring Attorneys at Law. If the account has a payable on death beneficiary, the bank account balance goes to the beneficiary after the last account owner dies.
Who can access and close the deceased's bank account? The executor named in the will can do this, or if no executor has been nominated, the administrator (main beneficiary). They'll contact the bank in question with proof of death to begin the process. The Death Certificate is typically accepted as proof.