Informal probate is the process for asking the court to appoint a personal representative for a decedent's estate without a hearing. Bank accounts titled solely in decedent's name;. 4.Life insurance policies and brokerage accounts listing decedent or decedent's estate as beneficiary;. What happens to American Express Savings accounts after an Account holder's death? The Bank requires certain documents depending on your specific circumstances. In this detailed guide of Utah inheritance laws, we break down intestate succession, probate, taxes, what makes a will valid and more. In Utah, you can add a "payable-on-death" (POD) designation to bank accounts such as savings accounts or certificates of deposit. How to transfer the decedent's bank or investment accounts. That protects the beneficiaries since you can only use this money to pay approved expenses. This document, signed under oath, is called an affidavit.