When the death of a loved one occurs and you have been named as the estate trustee, one of your many responsibilities will be to meet with a bank representative at all banks which your loved one had bank accounts opened with. The way in which the accounts had been set up will have a significant affect on how you will be able to proceed in closing or amalgamating existing accounts. To assist in avoiding any complications, banks should be notified when a death occurs.
It is recommended that a joint account stay open, as it cannot be frozen. This will allow for you to deposit any cheques that are made payable to the deceased. To remove a name off a joint bank account, banks require a Funeral Director's Certificate of Death. If the deceased had a safety deposit box in a bank, the contents can be sealed after death and the bank will require a Funeral Director's Certificate of Death to gain access to the contents.