You should also make a list of what the Decedent owned at the time of death (such as bank accounts, house, stocks, etc.). In New York State, the Surrogate's Court decides what happens to a person's property when that person dies.To close a bank account on behalf of someone who has passed away, you must have legal authority to manage the account. For example, you may need a death certificate to claim a benefit. Bank accounts; Stocks and bonds; Debts owed to the person. The law spells out how a person's property must be distributed when that person dies. . More than 28 days have passed since decedent's death. 3. No real property is included in the decedent's estate. 4. Gather necessary documents: The bank will want to make sure they are giving the right person the money. Please note: Some forms are not electronic forms.