Financial institutions have to prove that you are who you say you are and proof of executorship is always required. This is the second-most important piece of paperwork required to carry out any of your duties. Each certified copy will be around $10 and you’ll need one copy for every major duty associated with your executorship. You can apply through the mortuary or call the Office of Vital Records in the state where your loved one passed away. To obtain a certified copy, you can do so in one of two ways. For all estate-related business, such as closing financial accounts, a certified copy of their death certificate is absolutely essential. This is one of the most important pieces of paperwork required to close accounts for your loved one. If you’re just starting the process of closing out a loved one’s estate, obtain several copies of all documents so you’ll be prepared when you need them. There are several documents you’ll need to have on hand to close your account. Since rules and regulations may change at any time, it’s best to get the most up-to-date information possible regarding what documents are required, where they need to be sent, and how to effectively carry out your executor duties. It’s always a good idea to contact customer service before you begin the process of account closure. » MORE: Create a free online memorial in just a few minutes. Leave it open and untouched for a long time and that’s inviting trouble.įollow these steps to successfully close down a loved one’s Robinhood account, distribute funds, and ensure no further trading activity occurs. Any account linked to a financial institution can be a prime target for hackers. If you’re an executor of an estate, canceling bank accounts and other financial accounts is just as critical as canceling credit cards after a death. How to Close a Deceased Loved One’s Robinhood Account As long as you have the proper paperwork and required documentation, you should be able to complete the account closure in a few easy steps. Thankfully, closing a Robinhood account is a fairly simple and straightforward process.
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