When can I close the estate and distribute the assets? To close a bank account on behalf of someone who has passed away, you must have legal authority to manage the account.You can use this letter template to write to the bank to request the closure of a direct payments account following the death of the account holder. The first and foremost thing you must do to close a bank account upon the death of a loved one is to inform the bank of this death. A bank closure letter may be needed if you want to close a bank account without having to go to your bank's physical location. To close a bank account after death, you must completely liquidate its funds. When the estate is ready for closing, you are also required to file a final account with a description of property remaining in the estate. When the estate is ready for closing, you are also required to file a final account with a description of property remaining in the estate. Guardianships and Conservatorships may be initiated for either adults or minors in the Probate Court. Download letters like your eligibility or award letter for certain benefits.