How to name beneficiaries and fund a trust at J.P. Morgan
Beneficiaries are managed online, in branch or by mail. Trust paperwork is taken in branch, by phone or by mail
The key to protecting your J.P. Morgan investment accounts is making sure each one has a transfer mechanism in place—either a beneficiary designation or trust ownership. Without one, the account goes through probate, adding time, cost, and court involvement for your family.
Each of J.P. Morgan's 8 investment accounts has different rules for how it transfers at death. The sections below explain the options for each.
Beneficiary form at J.P. Morgan
Transfer on Death Agreement (33052_CYI) (for investment accounts) and IRA Beneficiary Update Request (33030_CYI) (for IRAs).
Open the form →- Enter each beneficiary's legal name, relationship, date of birth, SSN/TIN, address, and percentage share
- Primary shares must total 100% and contingent shares must total 100%, with no more than 2 decimal places per beneficiary
- For a trust: enter the trust's full legal name and its tax identification number
- Non-retirement brokerage: Transfer on Death Agreement (33052_CYI)
- Traditional, Roth, SEP, or Beneficiary IRA: IRA Beneficiary Update Request (33030_CYI)
- Transfer on Death Agreement (33052_CYI)
- IRA Beneficiary Update Request (33030_CYI)
- Both forms state they will not work in Chrome; open them in Adobe Reader
- Enter each beneficiary's name, SSN/TIN, date of birth, and legal residential address (no PO Box or in-care-of address on the TOD form)
- Primary and contingent shares must each total 100%, max 2 decimal places; the IRA form is rejected outright if the percentages do not add to 100%
- Have a notary public complete the identity-verification section (Section 4 of the TOD Agreement, Section 6 of the IRA form)
- Upload: sign in at Chase online brokerage forms and upload the completed form
- Mail or overnight: J.P. Morgan Securities LLC, Attn: Account Processing, Mail Code: IL1-0291, 10 South Dearborn St., Chicago, IL 60603-5506
- The Transfer on Death Agreement repeats this address in its own signature block and states that no beneficiary designation is effective until the agreement is actually received and accepted there
- Or hand the form to your J.P. Morgan advisor
Required Documents
- Beneficiary's legal name and relationship (Online or on paper)
- Beneficiary's date of birth
- Beneficiary's Social Security or tax identification number
- Beneficiary's address. A legal residential address; the TOD form does not accept a post office box or an in-care-of address
- Beneficiary's percentage share. Primary shares total 100% and contingent shares total 100%
- Trust's full legal name and tax identification number (When naming a trust as beneficiary online). JPMS requires a valid tax identification number for a trust beneficiary
- Trust tax identification number (When naming a trust as beneficiary of an IRA). The IRA Beneficiary Update Request requires a valid one
- Government-issued ID (At a branch with an advisor)
- Transfer on Death Agreement (33052_CYI), completed (Non-retirement brokerage account, on paper)
- IRA Beneficiary Update Request (33030_CYI), completed (IRA, on paper)
- Notary identity verification (On either paper form). Section 4 of the Transfer on Death Agreement and Section 6 of the IRA form
- Additional trust documentation (When a trust is the listed beneficiary of an IRA). JPMS may ask for additional documentation
- Trust certification (Section 4 of the IRA Beneficiary Update Request) (When naming a trust as beneficiary of an IRA). Election B there converts the IRA into one with no designated beneficiary for required minimum distribution and post-death payout purposes
- The trust governing instrument: the trust agreement, the will (if it is a testamentary trust), or a certification of trust
- Two forms of government ID for the trustee(s)
- Call 1-800-392-5749 (Mon-Fri 8 AM-9 PM ET)
- After authenticating, press "0" for a specialist and ask to be transferred to the Client Welcome Group
- Allow up to 45 minutes for the opening call
- If there are two trustees, both must be present on the call to confirm contact information and provide signatures
- Have the trust governing instrument and two forms of government ID per trustee ready
- Upload the supporting trust documents through the Secure Message Center at chase.com
- The trust governing instrument (trust agreement, testamentary will, or certification of trust)
- Two forms of government-issued ID for each trustee
Required Documents
- Trust governing instrument. A full trust agreement, a certification of trust, or a will creating a testamentary trust
- Two forms of government ID for each trustee
- Secure Message Center access. Used to submit the supporting trust documents at chase.com
- Enter each beneficiary's legal name, relationship, date of birth, SSN/TIN, address, and percentage share
- Primary shares must total 100% and contingent shares must total 100%, with no more than 2 decimal places per beneficiary
- For a trust: enter the trust's full legal name and its tax identification number
- Non-retirement brokerage: Transfer on Death Agreement (33052_CYI)
- Traditional, Roth, SEP, or Beneficiary IRA: IRA Beneficiary Update Request (33030_CYI)
- Transfer on Death Agreement (33052_CYI)
- IRA Beneficiary Update Request (33030_CYI)
- Both forms state they will not work in Chrome; open them in Adobe Reader
- Enter each beneficiary's name, SSN/TIN, date of birth, and legal residential address (no PO Box or in-care-of address on the TOD form)
- Primary and contingent shares must each total 100%, max 2 decimal places; the IRA form is rejected outright if the percentages do not add to 100%
- Have a notary public complete the identity-verification section (Section 4 of the TOD Agreement, Section 6 of the IRA form)
- Upload: sign in at Chase online brokerage forms and upload the completed form
- Mail or overnight: J.P. Morgan Securities LLC, Attn: Account Processing, Mail Code: IL1-0291, 10 South Dearborn St., Chicago, IL 60603-5506
- The Transfer on Death Agreement repeats this address in its own signature block and states that no beneficiary designation is effective until the agreement is actually received and accepted there
- Or hand the form to your J.P. Morgan advisor
Required Documents
- Beneficiary's legal name and relationship (Online or on paper)
- Beneficiary's date of birth
- Beneficiary's Social Security or tax identification number
- Beneficiary's address. A legal residential address; the TOD form does not accept a post office box or an in-care-of address
- Beneficiary's percentage share. Primary shares total 100% and contingent shares total 100%
- Trust's full legal name and tax identification number (When naming a trust as beneficiary online). JPMS requires a valid tax identification number for a trust beneficiary
- Trust tax identification number (When naming a trust as beneficiary of an IRA). The IRA Beneficiary Update Request requires a valid one
- Government-issued ID (At a branch with an advisor)
- Transfer on Death Agreement (33052_CYI), completed (Non-retirement brokerage account, on paper)
- IRA Beneficiary Update Request (33030_CYI), completed (IRA, on paper)
- Notary identity verification (On either paper form). Section 4 of the Transfer on Death Agreement and Section 6 of the IRA form
- Additional trust documentation (When a trust is the listed beneficiary of an IRA). JPMS may ask for additional documentation
- Trust certification (Section 4 of the IRA Beneficiary Update Request) (When naming a trust as beneficiary of an IRA). Election B there converts the IRA into one with no designated beneficiary for required minimum distribution and post-death payout purposes
What J.P. Morgan says about beneficiaries and trusts
Each section is J.P. Morgan's own statement, with the document it comes from numbered under Sources.
Which accounts take a beneficiary4
- Investment account
JPMS will not open a TOD account for a client residing in a state that has not enacted TOD legislation.1
Once a TOD account is established, JPMS keeps treating it as a TOD account even if the owner later moves to a state without TOD legislation.1
- Joint account with survivorship
A joint TOD account must be held as Joint Tenants with Rights of Survivorship, not as tenants in common or community property.1
- Life insurance policy
Life insurance is not TOD-eligible; at death it becomes part of the probate estate even if it sits in a TOD account.1
- Annuity
Fixed and variable annuities are not TOD-eligible; at death they become part of the probate estate even if they sit in a TOD account.1
Who can be named3
How many beneficiaries, and how shares are split
What a designation takes to be effective
Beneficiary forms J.P. Morgan issues2
- Transfer on Death Agreement (33052_CYI)
For investment accounts. Available to download. Must be notarized.1
Return to
Mailing address: J.P. Morgan Securities LLC, Attn: Account Processing, Mail Code: IL1-0291, 10 South Dearborn St., Chicago, IL 60603-5506
- IRA Beneficiary Update Request (33030_CYI)
For IRAs. Available to download. Must be notarized.3
Return to
Mailing address: J.P. Morgan Securities LLC, Attn: Account Processing, Mail Code: IL1-0291, 10 South Dearborn St., Chicago, IL 60603-5506
What J.P. Morgan's agreement says about beneficiaries5
- When a designation takes effect
A designation is not effective until JPMS actually receives and accepts it.1
- Joint accounts
If the account registration changes, for example a joint owner is added, the Transfer on Death Agreement must be resubmitted.1
- A designation and a will
A TOD designation is overridden by nothing except an express revocation in the will or trust, and only if JPMS receives timely actual notice of that revocation.5
- Changing or revoking a designation
The IRA Beneficiary Update Request replaces every beneficiary designation on file rather than adding to it, so it lists everyone the owner wants named.4
- Whether beneficiaries are told they are named
JPMS has no obligation to locate beneficiaries.2
State requirements J.P. Morgan statesLouisiana
- Louisiana
TOD registration is not available to residents of Louisiana.1
Which accounts a trust can hold1
- IRA
An IRA cannot be retitled to a trust; the trust is named as beneficiary instead.5
Trust account forms J.P. Morgan issues1
- Trust account application
Sent by the institution on request.5
What J.P. Morgan says about trust accounts1
- Who signs for the trust
If there are two trustees, both must be present to confirm contact information and sign.5
Sources
Data sourced from J.P. Morgan primary sources (18 pages reviewed). How we research.
Download these J.P. Morgan instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against J.P. Morgan primary sources. Bring it to the branch or keep it beside the phone.
J.P. Morgan estate support
J.P. Morgan Securities Estate Settlements
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