Upon the death of a joint tenant, the account(s) will need to be updated to remove the name of the deceased tenant. Joint Tenant Account(s).To close a bank account on behalf of someone who has passed away, you must have legal authority to manage the account. Complete this application to open an Individual or Joint Tenant mutual fund account in a Transfer on Death (TOD) registration. Notify Bank of America. We'll ask you for the deceased customer's full legal name and Social Security number to identify their accounts.