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    gaspaness's Avatar
    gaspaness Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Mar 23, 2007, 06:55 PM
    Holder death in a share account
    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's Avatar
    ballengerb1 Posts: 27,378, Reputation: 2280
    Home Repair & Remodeling Expert
    		  
    #2

    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.
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