Does Ameriprise Offer an Estate Account?
No. Ameriprise does not open estate accounts. The estate's account has to be opened at a bank that offers them, and Ameriprise's terms for a deceased customer's account are below.
Estate accounts at Ameriprise
Estate accounts
Ameriprise does not open estate accounts
Documents in its guidance
- Court order appointing the Executor, Personal Representative, or Administrator, with court seal or judge's signature
- Estate Settlement Claim - Beneficiary Directed (Form 116189)
- Estate EIN
- Certified death certificate
- Business address for the estate
What Ameriprise's guidance says
- 1Report the death: call 1-800-862-7919 and say "Estate Settlements" at the prompt, or notify the deceased's Ameriprise financial advisor.
- 2Send the court order appointing the executor, personal representative or administrator, bearing an official court seal or the probate judge's signature, to the Ameriprise corporate office.
- 3Obtain an EIN for the estate; Form 116189 requires one, and mandatory withholding applies if it is not provided.
- 4Complete Form 116189, selecting "Entity (Estate, Trust, Organization)" as claimant type, with the estate's EIN and a business address, and check each product claim type being claimed.
- 5Submit through your Ameriprise financial advisor, or mail the claim form and required documents together in one envelope to Ameriprise Financial Services, Inc., 70100 Ameriprise Financial Center, Minneapolis, MN 55474.
- 6Empty the new estate account within 90 days by full liquidation or in-kind transfer; a claimed managed account left in it converts to an estate-titled Ameriprise Brokerage Account with standard brokerage fees.
What to know at Ameriprise
Ameriprise Bank opens deposit accounts only for natural persons for personal, family or household purposes, never by a fiduciary such as an executor, and pays a deceased customer's bank deposits by check to the claimant. Ameriprise opens an estate-titled brokerage account only to receive the deceased's Ameriprise assets through Form 116189, limited to full liquidation and in-kind transfers. It opens no estate account for money held elsewhere.
General information about each bank's published estate-account requirements, not legal or banking advice. Requirements vary by state and account type. Consult the institution for its current requirements. Data verified Sep 18, 2026
No. Ameriprise does not open estate accounts.
At any bank that offers estate accounts. The account belongs to the estate, not to the deceased, so it does not need to be where the deceased banked.
An estate account is a bank account titled to the estate itself — not to the person who died and not to the executor personally. The court-appointed executor or administrator opens it to deposit money owed to the estate (final paychecks, refunds, proceeds from closed accounts), pay the estate's debts and expenses, and distribute what remains. Checks made out to "the Estate of" can only be deposited into an account titled this way.
The estate is its own taxpayer, separate from the person who died. Banks open estate accounts under the estate's Employer Identification Number (EIN) from the IRS, not the deceased's Social Security Number. The free EIN application prepares IRS Form SS-4 for the estate.
Sources
Data sourced from Ameriprise primary sources (4 pages reviewed). How we research.
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Forms for Settling an Estate
Free forms for settling an estate: the probate petition, small estate affidavit, notice to creditors, inventory, and closing forms.
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.
Affidavit of Heirship
Prepare the sworn statement of a deceased person's family history and heirs for recording in the county land records, with your state's recording instructions.
Small Estate Affidavit
Collect a small estate's property without probate — the sworn affidavit presented to banks and other holders, with a presentation letter for each.
Estate Inventory
Prepare the probate inventory of estate property — every asset at its date-of-death value, composed to your state's statute, with the state's filing or delivery instructions.
Tools for Settling an Estate
Free tools for settling an estate: whether probate is needed, executor and trustee pay, creditor deadlines, and inheritance taxes.
How Much Can an Executor Charge?
Calculate how much an executor can charge for administering an estate.
Can I Self-File Probate?
Whether your state lets you open probate yourself, and what it costs with a lawyer and without one.
How Do I Get Appointed as Executor?
See the court, petition, bond, and documents needed to be appointed and receive your Letters.
What Are the Creditor Claim Deadlines?
Find creditor claim deadlines, notice requirements, and payment priority order for your state.
What Happens When an Estate Is Insolvent?
See the order your state pays an insolvent estate's debts and which claims go unpaid.
What Is the Estate's Personal Property Worth for Probate?
Estimate the fair market value of household items for probate and see how it affects fees.
