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View Full Version : Holder death in a share account


gaspaness
Mar 23, 2007, 06:55 PM
Hello,
My dad recently passed away.
We (dad, mom and me) have a share account in a US bank and live outside the US.
I would like to know if the bank will froze the account after they know about the death or if they will open a new account for me and my mom or if they just will update the names of the account holders.
What I supossed to do?

Thanks.

ballengerb1
Mar 24, 2007, 12:20 PM
Soory for your loss. If it is a shared account each of you has/had total access. You and mom still have access since this type of account will not be part of a will or probate. You would eventually need to give the bank a death certificate to remove dad's name but for now it isn't necessary.