Designation of account ownership upon death is dependent upon the type of account chosen during creation. For example the account inheritance regarding joint account options are as follows:
The surviving account holder
In a joint account with rights of survivorship (Joint WROS) the surviving account holder inherits the assets in the account if the other passes (most popular)
My estate
With a joint tenants in common account (Joint TIC) the estate of the deceased will receive their portion of their account.
In the event of a death, HAA will default to the estate and will accept instructions from the executor. We do not accept a Will as sufficient documentation. This is because Wills can sometimes be open to interpretation. To ensure clarity on who we should take instructions from, we will require estate documents that clearly indicate the executor's identity, as well as the executor's identification.