What to Do When a Customer Dies
- Documents required upon the death of an individual
- Actions to be taken on deposit accounts owned by the decedent
- How to deal with the decedent’s estate or lack thereof
- How to handle death as a default on a loan
- Mortgage servicing rules that impact consumer mortgage loans after death
- What to know about doing business with the borrower’s estate
- Steps to take to protect collateral after the borrower has died
- How the death of a key person affects the borrowings of Corporations, Partnerships, Limited Liability Companies, Trusts, and other legal entities