Inheritance and Account Management

Whether you are managing the estate of a T. Rowe Price client or have inherited a T. Rowe Price account, we're here to help.

 

Losing a loved one is always difficult. We can help with next steps. 

1

Notify Our Team

When you’re ready, please call us to let us know if a T. Rowe Price account owner has passed. That way we can place a hold on the account until proper documentation is submitted.

It starts with a phone call. 1-800-225-5132

Available weekdays: 8 a.m. to 8 p.m. ET

2

Complete Necessary Documents

Specific to the account type held at T. Rowe Price, you’ll need to submit a combination of legal documentation and forms before gaining control of any assets.

3

Make Decisions on Your New Account

Once you have control of your inheritance, T. Rowe Price is here to help with your account service and investment needs. For account service questions, call 1-800-225-5132. For investment questions, call our Financial Consultants at 1-800-638-5660.

Available weekdays: 8 a.m. to 8 p.m. ET

Knowing the type of account your loved one has with T. Rowe Price helps us give you proper next steps. 

Individual Retirement Accounts (IRAs)

If you have inherited an IRA (including brokerage IRAs), please download and complete the proper distribution form.

Common Forms:

If you have inherited a T. Rowe Price retirement account that is part of a Small Business Retirement Plan (Sep IRA, SIMPLE IRA, 403(b), Individual 401(k), Money Purchase or Profit Sharing Plan) please call 1-800-492-7670.

General Investing (Taxable) Accounts

If you are inheriting a general investing (taxable) account please download and complete the proper change of ownership form. You may need to complete a new account form if opening an account.

Common Forms:

What else could you need besides the forms?

In addition to completing the required forms, you may also need to submit additional documentation. Some common documents include: 

 

The death certificate will always be required when an account owner or authorized person passes away.

 

This is a legal document issued by a court that names a person to act on behalf of an estate. This document must be presented to T. Rowe Price if an estate account is being established. Submit letters testamentary (or other appointment of the executor) from the probate court appointing executor of estate (certified by the court within 60 days).

 

Copy of Trust Documents

For most updates or changes to a trust, it is required that recently certified pages from the trust documents be included with the request.

*Original, certified copy, or raised seal is a document obtained from the issuing authority of the state or county where client resides. May contain a stamp reading “certified copy” signed/dated by issuing authority or contain an embossed seal on the document. Photocopies are not acceptable.

Some documents may require a medallion signature guarantee.

What is a Medallion Signature Guarantee?  

A Medallion signature guarantee is designed to protect you and the T. Rowe Price Funds from fraud by verifying your signature.

Where do you get a Medallion Signature Guarantee?

A Medallion signature guarantee must be obtained from a financial institution that is a participant in a Medallion signature guarantee program. You can obtain a Medallion signature guarantee from certain banks, savings institutions, broker-dealers, and other guarantors acceptable to T. Rowe Price. When obtaining a Medallion signature guarantee, please discuss with the guarantor the dollar amount of your proposed transaction. It is important that the level of coverage provided by the guarantor’s stamp covers the dollar amount of the transaction or it may be rejected. We cannot accept guarantees from notaries public or organizations that do not provide reimbursement in the case of fraud.