What to do when a BankNewport account holder dies
Report the death to BankNewport's Contact Center at 1-877-709-2265
After an account holder at BankNewport dies, accounts with beneficiary designations or trust ownership transfer to the designated recipients without probate. Solely-owned accounts require the estate's representative to contact BankNewport's Contact Center at 1-401-845-2265 with the proper legal authority documents.
To start, call BankNewport at 1-401-845-2265. Have the account holder's full name, account numbers, and the death certificate ready before you call.
Death claim process
Here is the step-by-step death claim process at BankNewport:
Filing a claim
Accounts handled elsewhere1
- OceanPoint Investment Solutions (LPL Financial)
Investment and retirement accounts held with LPL Financial advisors, which are not BankNewport deposits1
Not in BankNewport's published guidance13
- A procedure for reporting a death
- A department for deceased-customer accounts
- A claim form
- A list of required documents
- Whether the death certificate must be certified
- A fax number for claim documents
- An email address for claim documents
- An online way to report a death
- How long a claim takes
- A small-estate procedure
- Which court appointment document it accepts
- Terms in its agreements for a customer's death
- Deposit account agreement
Sources1
BankNewport's Contact Center can be reached by phone at 1-877-709-2265 for questions throughout the claims process.
Sources
(3)·
Data sourced from BankNewport primary sources (28 pages reviewed). How we research.
BankNewport death claims support
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Estate planning articles
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Forms for Settling an Estate
Free forms for settling an estate: probate petition, small estate affidavit, creditor notice and closing forms. Prepare each form for your state.
Affidavit of Death
Put a joint owner's or a transfer on death deed owner's death on the land records with the affidavit your state's statute names, laid out for recording.
IRS Form 56
Notify the IRS that you are the fiduciary of an estate, a trust or a person, or end a notice filed before, on the official form.
Digital Assets Recovery Letter
Prepare a letter requesting a deceased person's online accounts, points, and balances from the program that holds them.
Petition for Probate and Letters
Open probate and ask the court to appoint you and issue Letters Testamentary or Letters of Administration.
Notice to Creditors
Notify estate creditors and start the claim period — the published notice plus mailed copies for known creditors.
Renunciation of Executor
Decline an appointment as executor named in a will — the writing filed with the court before anyone is appointed.
Tools for Settling an Estate
Free tools for settling an estate: whether probate is needed, executor and trustee pay, creditor deadlines and taxes. Run each tool for your state.
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What Happens to Jointly Owned Property When an Owner Dies?
See what your state records when a joint tenant with right of survivorship dies: an affidavit, the death certificate or a new deed.
Do I Have to File Tax Returns for Someone Who Died?
Find out which tax returns need to be filed after someone dies and whether tax clearance is required.
How Do I Settle an Estate?
Personalized plan for settling an estate after someone passes away.
What Do I Do When Someone Dies?
A step-by-step checklist for the days, weeks, and months after a death, with state rules noted where they apply.
