If a child is 11 or under and a Custodian/Adult on the account becomes deceased, the funds will NOT form part of the Estate and will be held in the child’s account. A hold will be placed on the account to limit access until the Custodian/Adult is replaced on the account. If the child is 12 or over, the deceased custodian/adult will be removed from the account and the child will become the primary account holder. Personal Term Deposits must continue to be held by at least one customer over the age of 18.