What Happens To An Account When A Customer Passes Away

We explain the process for claiming ownership of an account after the owner has passed away. TABLE OF CONTENTS Who is the named beneficiary on my loved one's account? I am the named beneficiary—how do I move forward? I have a joint account and the joint account holder has passed away? Are there no named beneficiaries on your spouse’s IRA? Are there no designated beneficiaries on your loved one's taxable account? What documents will I need? Why do I need an EIN when there are is no beneficiary ...

Deceased Customers

How to transfer assets for customers who have passed away

Transfers

We explain the process for claiming ownership of an account after the owner has passed away. TABLE OF CONTENTS Who is the named beneficiary on my loved one's account? I am the named beneficiary—how do I move forward? I have a joint account and the joint account holder has passed away? Are there no named beneficiaries on your spouse’s IRA? Are there no designated beneficiaries on your loved one's taxable account? What documents will I need? Why do I need an EIN when there are is no beneficiary ...
Read More