This form is a sample letter in Word format covering the subject matter of the title of the form.
Sample Letter To Close Bank Account Of Deceased Former Spouse In Georgia
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Multi-State
Control #:
US-0034LTR
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Word;
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FAQ
I) Photocopy of Death Certificate (original to be produced for verification by the bank). ii) Photographs and KYC documents of all the claimants/ legal heir(s), (Original documents to be produced for verification by the bank.)
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.
I/We hereby state that one of the joint Depositors Mr./Mrs. _______________ has expired on _____________ ('Deceased Depositor”). I/We request you to delete the name of Deceased Depositor and continue the FD in my /our name(s) with same mode of operations.
After someone dies, a sole-owned bank account may go to a named beneficiary or be handled by the executor of the estate. Joint accounts typically have automatic rights of survivorship, but it's still important to check with your bank to ensure smooth access to funds.
To close a bank account after death, you must completely liquidate its funds. If you are a designated beneficiary on an account, the bank will release the funds in the account to you once you present it with a certified copy of the account owner's death certificate and your government-issued ID.