Estate planning and settlement at T. Rowe Price
Name beneficiaries online, fund a trust by phone, and report a death at 1-800-225-5132
T. Rowe Price has 10 investment accounts, each with different rules for what happens when the account holder dies. Of those, 8 can name a trust as beneficiary or be retitled into a trust. The right combination of beneficiary designations and trust ownership can keep the entire portfolio out of probate.
Beneficiary designations at T. Rowe Price can be managed online and by mail. Trust funding is also available, allowing families to retitle brokerage accounts into a trust.
There are two sides to estate planning at T. Rowe Price: setting things up while you're alive, and the process survivors follow after a death.
Beneficiaries and trust funding
How to manage beneficiaries online, fund a trust by mail, and review 10 account types at T. Rowe Price.
Preparing your estate →Death claim process
Report the death to T. Rowe Price's Life Events at 1-800-225-5132. The page lists the steps and the documents to send.
When someone dies →Frequently asked questions
No. The T. Rowe Price Trustee Certification form states that it is not to be used for trusts created in Connecticut, Louisiana, New York, Oklahoma, or Rhode Island. For trusts created elsewhere, the form is used to certify a trust when adding or changing trustees on an already existing trust account, and T. Rowe Price states it will not accept any other document for that purpose. All trustees sign it in the presence of a notary public, and it asks for copies of the trust document excerpts that name the current trustees. The form names no alternative for the five excluded states; the number printed on it is 800-225-5132.
Two forms: the Ownership Change form, which covers both mutual fund and Brokerage accounts, and a New Account form opening the account in the name of the trust (the Mutual Fund New Account form or the Brokerage New Account form), with the trust's tax identification number. Enclose the trust document pages that show the trust name, date, current trustees' names, and signatures; for Brokerage, the signature page and the pages showing each trustee's authority to act, certified within 120 days when submitted with the Ownership Change form. The Ownership Change Due to Life Events guide states that no signature guarantee is required when the current owner is the sole trustee, or when joint owners are the only co-trustees; otherwise a Medallion signature guarantee is required, and notaries public are not accepted. A notarized Brokerage Trustee Powers form is added only for cash management services, margin, or options, and it mails to P.O. Box 17435, Baltimore, MD 21297-1435.
Sources
Data sourced from T. Rowe Price primary sources (32 pages reviewed). How we research.
T. Rowe Price customer support
Shareholder Services
Phone
Toll-free
Mutual Fund Customers
Brokerage Customers
Small Business Customers
Financial Consultants (after an inherited account transfer)
Financial Consultants
Tele*Access (24-hour automated)
New to T. Rowe Price
T. Rowe Price 529
Maryland College Investment Plan
Alaska 529
Workplace Retirement Plans / 401(k)
Technical Support
Secure Email Login Issues
Hours
Mailing address
Website
Estate planning articles
Learn how to protect your T. Rowe Price accounts and other assets with trusts, beneficiary designations, and estate planning documents.
Forms for Planning Your Estate
Free forms for planning your estate: a will, living trust, pour-over will, both powers of attorney, living will, and TOD deed.
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Name a beneficiary to inherit your vehicle at death without probate. Available in 26 states and the District of Columbia.
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