What is to be done with bank accounts after a death varies by province. In some provinces, bank accounts are automatically frozen after a death. To avoid any complications, the bank should be notified immediately, and you should find out the procedures for releasing these funds, and how to set up a new account for funds received after the death. It’s recommended that a joint account stay open for at least six months to allow you to deposit any cheques that are made out to the deceased. To take a name off a joint bank account, banks require a Funeral Directors Statement Of Death. If the deceased had a safety deposit box in a bank, the contents can be sealed after death and a Certified Copy of a Death Certificate will be required to gain access to the contents.
For more Legal Advice:
A Funeral Directors Statement Of Death is necessary before anything can be done. A certified certificate can be obtained through a Funeral Director.
It is a good idea to obtain multiple copies of the Funeral Directors Statement Of Death as most agencies require a certified copy and not a photocopy.
Everyone knows they should have a will, but the vast majority – about 70% of us – do not. Writing a will is easy and inexpensive, and once you are done you can rest easy knowing your hard earned money and property will be distributed according to your wishes.
Information about Funerals can be overwhelming… That is why we are here to help you at any time. If you have a question about Funerals or Cremation Services please feel free to Ask a Funeral Director a question and we will get back to you very soon with your answer.
Our Staff is available 24 hours a day, 7 days a week. You may also call the Funeral Home as well.
Heritage Funeral Services Ltd.
3219 - 4th Street N.W.
Calgary, Alberta T2M 0L7
Phone: (403) 299-0111