This form is a sample letter in Word format covering the subject matter of the title of the form.
Letter To Close Bank Account Due To Death Without Will In Cook
Category:
State:
Multi-State
County:
Cook
Control #:
US-0034LTR
Format:
Word;
Rich Text
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FAQ
I, Your Name, hold a Savings Account in your bank. Due to some personal circumstances, I am unable to maintain the account and would like to close it. Please find the account passbook enclosed with this letter. I request you to initiate the account closure process at the earliest.
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.
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.
I, Your Name, hold a Savings Account in your bank. Due to some personal circumstances, I am unable to maintain the account and would like to close it. Please find the account passbook enclosed with this letter. I request you to initiate the account closure process at the earliest.
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.
If there's a will without a named executor, the court will issue a Letter of Testamentary; if there's no will, the court will issue a Letter of Administration. Present either of these letters to the bank along with the death certificate to close the account.
Call your bank's customer service line and ask to speak to a representative. As the surviving account owner, you typically must present a death certificate and other supporting documentation to the financial institution.
Provide an original or certified copy of the death certificate. Provide additional documentation if required, depending on the types of bank accounts that were active when the person died.
Key Takeaways Banks generally cannot close a deceased account until after the person's estate has gone through probate or has otherwise settled. Joint accounts that are held together with a surviving owner are not considered deceased accounts. Ownership of these accounts reverts to the surviving owner.