This form is a sample letter in Word format covering the subject matter of the title of the form.
Letter To Close Account After Death With Bank Account In Phoenix
Category:
State:
Multi-State
City:
Phoenix
Control #:
US-0034LTR
Format:
Word;
Rich Text
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FAQ
A letter of instruction is a document that lists all of your important financial account information in one place. This important estate planning document is intended to help your family members (or executors) if something happens to you.
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.
A letter of instruction is an informal letter to an executor, personal representative, and/or other family members that provides important information about your assets and final wishes after death.
If there's no will, the bank could ask for evidence of your relationship to the deceased. You'll also need the death certificate. When you've registered the death, you will be issued with a death certificate. This will act as formal notification for the bank to begin closing the account.
Your valid ID, such as a state-issued driver's license or ID card, U.S. passport, or military ID. 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.
It's a good way to let to those trusted to take care of your affairs know what you would want them to know. Since the letter of instruction is not a legal document, it does not need to be notarized or signed in the presence of witnesses or with any other special formality.
More info
(Arizona Revised Statutes, Section 14-3971)You would simply get the form and instructions from the court's website, fill out the form and have it notarized. You must do the following: 1.Complete the Closing Statement: See the form called Instructions: How to fill out the Closing. Statement. 2. To close a bank account on behalf of someone who has passed away, you must have legal authority to manage the account. (Check all boxes that apply.) I am named in the Will of the person who died, a copy of which is attached to this Affidavit. To close a bank account after death, you must completely liquidate its funds. Find an operating agreement online. Fill it out for the deceased, but don't forge the name. A. Petition for Approval of Accounting: Prior to closing the case, you may file a Petition to ask the court to approve how the estate was managed. Question: My mother passed away.