This form is a sample letter in Word format covering the subject matter of the title of the form.
Letter For Closing Bank Account After Death Without A Will In Travis
Category:
State:
Multi-State
County:
Travis
Control #:
US-0034LTR
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
Certain types of bank accounts (called payable on death or POD accounts) allow the account holder to designate one or more beneficiaries. This allows the funds to be transferred to the beneficiaries after death without court involvement.
In Texas, the surviving spouse and children will usually inherit all probate assets. If there are no children or grandchildren, the property may pass to the spouse, parents, siblings, nieces, nephews, and/or other heirs, depending on the situation.
If you are named as the successor trustee (the person who assumes control of the trust after the initial trustee dies), you should notify the bank that the initial trustee has died. You will also need to provide a certified copy of the death certificate.
Respected Sir/Madam, I am writing to you with a heavy heart to inform you of the demise of my husband, Mr. Rajeev Singh, who had a savings account in your esteemed bank. It is a difficult time for our family, and I need to settle his financial affairs.
The contact details of major banks are listed below. I am the appointed personal representative for name of account holder writing to request the closure of the above account following name of account holder's death on insert date.
Dear (Bank Manager's Name/To Whom It May Concern), I am writing to request the closure of my bank account with the number (Account Number). I would like this account to be closed effective immediately. Please transfer any remaining balance to my new account at (New Bank Name and Account Details).
The next of kin must notify their banks of the death when an account holder dies. This is usually done by delivering a certified copy of the death certificate to the bank, along with the deceased's name and Social Security number, bank account numbers, and other information.
Basic identification & documentation Proof of death, such as certified copies of the death certificate. Documentation about the account and its owner, including the deceased's full legal name, Social Security number, and the bank account number.