Change of name when deceased – What You Need to Know
The form is available at the link below.
Changing an Account Name When the Account Holder Is Deceased – Information and Requirements:
- Why is this form Change of name when deceased required?
This form is used when the account holder has passed away and the service needs to be transferred to another person. It ensures that the new account holder is legally authorized by the heirs of the deceased to take over the account.
- Why do I need a notary for this process?
A notary is required to confirm that the new account holder has been legally authorized by the heirs of the deceased. This ensures that the transfer is valid and protects all parties involved.
- Can’t I just provide a death certificate?
A death certificate confirms the passing of the account holder, but it does not show who is entitled to take over the account. The notary verifies the heirs’ consent and legal rights.
- Is this a Melita requirement or a legal one?
This is a legal requirement. It ensures compliance with inheritance laws and prevents disputes between heirs.
- What does the notary do exactly?
The notary checks the will, confirms the identity of the heirs, and certifies that they agree to transfer the account to the new holder.
- Why is this paperwork required?
This process protects both the heirs and you as the new account holder, safeguarding you from future legal issues. It ensures that the account is transferred correctly and securely.
- Does it need to be a specific notary?
No. You together with the heirs can choose any licensed notary in Malta.