Recently Lost a Loved One Praxis

Contact Us:
800-977-2947

Monday through Friday 8:00 a.m. - 7:00 p.m. Central Time

After hours? Click to submit
an inquiry.

Recently Lost a Loved One

Our deepest sympathies go out to you and your family. When you are ready, we are here to help and provide the necessary resources for reregistering or liquidating the account.

If you need to confirm beneficiaries, account balance, or Date of Death valuation, please contact us by either phone or chat. Our phone number and the link for chat can be found to the left.

Please review the request types carefully. There are two sets of instructions for each type of request - one set that requires a signature guarantee and one set that requires a medallion signature guarantee.

Type of Request

Instructions and Links

Additional Information

Reregister or Liquidate an Individual Account(s) of a Deceased Account Owner - Signature Guarantee Required.

The following outlines the documentation needed to reregister or liquidate the individual account(s) of a deceased account owner to the estate or the beneficiary of the estate:

A signature guaranteed Letter of Instruction Form from the Personal Representative or Executor of the estate that confirms if the account(s) should be reregistered or liquidated to the estate or to the beneficiary of the estate.

If reregistering, a completed and signed New Account Application for the new registration.

If liquidating, a W-9 Form completed and signed by the recipient of the assets.

We will also need a certified copy of the death certificate and Letters Testamentary appointing the Personal Representative or Executor, dated by the court no later than one year from the request.

To obtain and print the necessary forms, please click the applicable link below:

A Share Class Documents

I Share Class Documents

The signature guarantee requirement is to protect against unauthorized requests by assuring the required signatures are genuine. A signature guarantee can be obtained at many commercial banks, credit unions, savings associations, or broker-dealers. A notary public is unable to provide an acceptable guarantee.

If the deceased account owner was a resident of Alabama, Indiana, Montana, New York, Ohio, Oklahoma, Pennsylvania, Puerto Rico, or Tennessee, please contact the state's department of revenue to determine if an Inheritance Tax Waiver is required for this specific situation.

If the account(s) will be reregistered to the beneficiary of the estate, the beneficiary may complete and sign a Transfer on Death (TOD) Designation Form if they wish to establish a beneficiary designation.

Reregister or Liquidate an Individual Account(s) of a Deceased Account Owner - Medallion Signature Guarantee Required.

The following outlines the documentation needed to reregister or liquidate the individual account(s) of a deceased account owner to the estate or the beneficiary of the estate:

A medallion signature guaranteed Reregistration and Redemption Options Form from the Personal Representative or Executor of the estate.

If reregistering, a completed and signed New Account Application for the new registration.

If liquidating to the beneficiary, a W-9 Form completed and signed by the beneficiary.

If reregistering to the estate and not previously provided, we will also need Letters Testamentary appointing the Personal Representative or Executor, dated by the court no later than one year from the request.

To obtain and print the necessary forms, please click the applicable link below:

A Share Class Documents

I Share Class Documents

A medallion signature guarantee is an assurance from the financial institution of the individual providing their signature, indicating that their signature is authentic and that they are authorized to act. By providing the guarantee, the financial institution is accepting financial liability for any forgery of the guaranteed signature. This acceptance of liability protects the individual providing their signature and our institution from financial losses by preventing unauthorized transactions.

A medallion signature guarantee can be obtained at many commercial banks, credit unions, savings associations, or broker-dealers. The individual providing their signature should verify with their financial institution regarding the documentation required to obtain a medallion signature guarantee for this specific situation. The individual should also verify that their financial institution is able to insure a dollar amount that is equal to or greater than the value of the request. A notary public is unable to provide an acceptable guarantee.

If the deceased account owner was a resident of Alabama, Indiana, Montana, New York, Ohio, Oklahoma, Pennsylvania, Puerto Rico, or Tennessee, please contact the state's department of revenue to determine if an Inheritance Tax Waiver is required for this specific situation.

If the account(s) will be reregistered to the beneficiary of the estate, the beneficiary may complete and sign a Transfer on Death (TOD) Designation Form if they wish to establish a beneficiary designation.

Options for a Non-Spouse Beneficiary Due to the Passing of an Individual Retirement Account (IRA) Owner - Signature Guarantee Required.

A non-spouse beneficiary of an IRA has the following options:

If the original owner passed away on or before December 31, 2019, distributions over a five-year period; the account must be at a zero balance by December 31 of the year containing the fifth anniversary of the original owner's date of death.

If the original owner passed away on or before December 31, 2019, distributions can be taken over the non-spouse beneficiary's life expectancy, non-recalculated; distributions must begin by December 31 of the year following the original owner's date of death and annual distributions must be taken until the account is at a zero balance.

If the original owner passed away on or after January 1, 2020, distributions over a ten-year period; the account must be at a zero balance by December 31 of the year containing the tenth anniversary of the original owner's date of death.

Lump sum distribution.

Please note that option 1 is only available if the original owner passed away prior to their required beginning date (RBD) or if the account is a Roth IRA. The required begin date is April 1 following the year the original owner would have reached age 70 1/2 if the original owner was born on or before June 30, 1949, or April 1 following the year the original owner would have reached age 72 if the account owner was born on or after July 1, 1949.

To reregister or distribute assets from the account(s), we ask that the non-spouse beneficiary submit the following:

A signature guaranteed Letter of Instruction Form, which contains the following information:
- The distribution option
- Instruction as to where to distribute the proceeds
- Instruction as to when (month and date) to distribute the proceeds
- A statement of withholding, indicating whether or not to withhold federal tax (state withholding may apply)

If the account owner passed away after their required beginning date, instruction as to whether or not the final Required Minimum Distribution (RMD) should be paid before the account is registered into an Inherited IRA in the name of the beneficiary *Not applicable for Roth IRAs.

A certified copy of the death certificate, if not previously provided.

If option 1, 2, or 3 is selected, a completed and signed IRA Application for the new registration.

If option 4 is selected, a completed and signed W-9 Form.

To obtain and print the necessary forms, please click here.

The signature guarantee requirement is to protect against unauthorized requests by assuring the required signatures are genuine. A signature guarantee can be obtained at many commercial banks, credit unions, savings associations, or broker-dealers. A notary public is unable to provide an acceptable guarantee.

If the deceased account owner was a resident of Alabama, Indiana, Montana, New York, Ohio, Oklahoma, Pennsylvania, Puerto Rico, or Tennessee, please contact the state's department of revenue to determine if an Inheritance Tax Waiver is required for this specific situation.

If the account(s) will be reregistered to the beneficiary of the estate, the beneficiary may complete and sign a Transfer on Death (TOD) Designation Form if they wish to establish a beneficiary designation.

Options for a Non-Spouse Beneficiary Due to the Passing of an Individual Retirement Account (IRA) Owner - Medallion Signature Guarantee Required.

The below distribution options are available to a non-spouse beneficiary of an IRA. The beneficiary may wish to contact a professional tax advisor regarding this specific situation, prior to making a distribution decision. Distribution options include:

If the original owner passed away on or before December 31, 2019, distributions over a five-year period; the account must be at a zero balance by December 31 of the year containing the fifth anniversary of the original owner's date of death.

If the original owner passed away on or before December 31, 2019, distributions can be taken over the non-spouse beneficiary's life expectancy, non-recalculated; distributions must begin by December 31 of the year following the original owner's date of death and annual distributions must be taken until the account is at a zero balance.

If the original owner passed away on or after January 1, 2020, distributions over a ten-year period; the account must be at a zero balance by December 31 of the year containing the tenth anniversary of the original owner's date of death.

Lump sum distribution.

A medallion signature guaranteed Beneficiary Payout Form for IRA Assets.

If option 1, 2, or 3 is selected, a completed and signed IRA Application for the new registration.

To obtain and print the necessary forms, please click here.

A medallion signature guarantee is an assurance from the financial institution of the individual providing their signature, indicating that their signature is authentic and that they are authorized to act. By providing the guarantee, the financial institution is accepting financial liability for any forgery of the guaranteed signature. This acceptance of liability protects the individual providing their signature and our institution from financial losses by preventing unauthorized transactions.

A medallion signature guarantee can be obtained at many commercial banks, credit unions, savings associations, or broker-dealers. The individual providing their signature should verify with their financial institution regarding the documentation required to obtain a medallion signature guarantee for this specific situation. The individual should also verify that their financial institution is able to insure a dollar amount that is equal to or greater than the value of the request. A notary public is unable to provide an acceptable guarantee.

If the deceased account owner was a resident of Alabama, Indiana, Montana, New York, Ohio, Oklahoma, Pennsylvania, Puerto Rico, or Tennessee, please contact the state's department of revenue to determine if an Inheritance Tax Waiver is required for this specific situation.

If the account(s) will be reregistered to the beneficiary of the estate, the beneficiary may complete and sign a Transfer on Death (TOD) Designation Form if they wish to establish a beneficiary designation.

Options for a Spouse Beneficiary Due to the Passing of an Individual Retirement Account (IRA) Owner - Signature Guarantee Required.

The below distribution options are available to a spouse beneficiary of an IRA. The beneficiary may wish to contact a professional tax advisor regarding this specific situation, prior to making a distribution decision. Distribution options include:

Treat the IRA as own by reregistering the IRA into an IRA in the name of the surviving spouse.

If the original owner passed away on or before December 31, 2019, distributions over a five-year period; the account must be at a zero balance by December 31 of the year containing the fifth anniversary of the original owner's date of death.

Distributions over the surviving spouse beneficiary's life expectancy, recalculated; distributions must begin by December 31 of the year following the original owner's date of death and annual distributions must be taken until the account is at a zero balance.

If the original owner passed away on or after January 1, 2020, distributions over a ten-year period; the account must be at a zero balance by December 31 of the year containing the tenth anniversary of the original owner's date of death.

Lump sum distribution.

Please note that option 2 is only available if the account owner passed away prior to their required beginning date (RBD). The required begin date is April 1 following the year the original owner would have reached the age of 70 1/2 if the original owner was born on or before June 30, 1949, or April 1 following the year the original owner would have reached age 72 if the account owner was born on or after July 1, 1949.

If the account owner was less than RMD age, the surviving spouse beneficiary may elect to defer the first distribution until the end of the year in which they or the original owner would have reached RMD age, whichever is longer. However, it is the responsibility of the surviving spouse beneficiary to contact us with instructions in the applicable year. This does not apply to Roth IRAs.

To reregister or distribute assets from the account(s), we ask that the spouse beneficiary submit the following:

A signature guaranteed Letter of Instruction Form, which contains the following information:
- The distribution option
- Instruction as to where to distribute the proceeds
- Instruction as to when (month and date) to distribute the proceeds
- A statement of withholding, indicating whether or not to withhold federal tax (state withholding may apply)

If the account owner was over RMD age, instruction as to whether or not their final Requirement Minimum distribution (RMD) should be paid. *Not applicable for Roth IRAs.

A certified copy of the death certificate, if not previously provided.

If option 1, 2, or 3 is selected, a completed and signed IRA Application for the new registration.

If option 4 is selected, a completed and signed W-9 Form.

To obtain and print the necessary forms, please click here.

The signature guarantee requirement is to protect against unauthorized requests by assuring the required signatures are genuine. A signature guarantee can be obtained at many commercial banks, credit unions, savings associations, or broker-dealers. A notary public is unable to provide an acceptable guarantee.

If the deceased account owner was a resident of Alabama, Indiana, Montana, New York, Ohio, Oklahoma, Pennsylvania, Puerto Rico, or Tennessee, please contact the state's department of revenue to determine if an Inheritance Tax Waiver is required for this specific situation.

If the account(s) will be reregistered to the beneficiary of the estate, the beneficiary may complete and sign a Transfer on Death (TOD) Designation Form if they wish to establish a beneficiary designation.

Options for a Spouse Beneficiary Due to the Passing of an Individual Retirement Account (IRA) Owner - Medallion Signature Guarantee Required.

The below distribution options are available to a spouse beneficiary of an IRA. The spouse beneficiary may wish to contact a professional tax advisor regarding this specific situation, prior to making a distribution decision. Distribution options include:

Treat the IRA as own by reregistering the IRA into an IRA in the name of the surviving spouse.

If the original owner passed away on or before December 31, 2019, distributions over a five-year period; the account must be at a zero balance by December 31 of the year containing the fifth anniversary of the original owner's date of death.

Distributions over the surviving spouse beneficiary's life expectancy, non-recalculated; distributions must begin by December 31 of the year following the original owner's date of death and annual distributions must be taken until the account is at a zero balance.

If the original owner passed away on or after January 1, 2020, distributions over a ten-year period; the account must be at a zero balance by December 31 of the year containing the tenth anniversary of the original owner's date of death.

Lump sum distribution.

Please note that option 2 is only available if the account owner passed away prior to their required beginning date (RBD). If the original owner was under age 70 1/2 if born on or before June 30, 1949 or under age 72 if born on or after July 1, 1949, the surviving spouse beneficiary may elect to defer the first distribution until the end of the year in which they or the original owner would have reached Required Minimum Distribution (RMD) age, whichever is longer. However, it is the responsibility of the surviving spouse beneficiary to contact us with additional instructions in the applicable year. This does not apply to Roth IRAs.

To reregister or distribute assets from the IRA(s), we ask that the spouse beneficiary submit the following:

A medallion signature guaranteed Beneficiary Payout Form for IRA Assets.

If option 1, 2, or 3 is selected, a completed and signed IRA Application for the new registration; please review section 3 carefully as not all distribution options may be available.

To obtain and print the necessary forms, please click here.

A medallion signature guarantee is an assurance from the financial institution of the individual providing their signature, indicating that their signature is authentic and that they are authorized to act. By providing the guarantee, the financial institution is accepting financial liability for any forgery of the guaranteed signature. This acceptance of liability protects the individual providing their signature and our institution from financial losses by preventing unauthorized transactions.

A medallion signature guarantee can be obtained at many commercial banks, credit unions, savings associations, or broker-dealers. The individual providing their signature should verify with their financial institution regarding the documentation required to obtain a medallion signature guarantee for this specific situation. The individual should also verify that their financial institution is able to insure a dollar amount that is equal to or greater than the value of the request. A notary public is unable to provide an acceptable guarantee.

If the deceased account owner was a resident of Alabama, Indiana, Montana, New York, Ohio, Oklahoma, Pennsylvania, Puerto Rico, or Tennessee, please contact the state's department of revenue to determine if an Inheritance Tax Waiver is required for this specific situation.

If the account(s) will be reregistered to the beneficiary of the estate, the beneficiary may complete and sign a Transfer on Death (TOD) Designation Form if they wish to establish a beneficiary designation.

Consider the fund’s investment objectives, risks and charges and expenses carefully before you invest. The fund’s prospectus and summary prospectus contain this and other information. Call 800-977-2947 or visit https://www.praxismutualfunds.com/ for a prospectus, which you should read carefully before you invest.

Praxis Mutual Funds are advised by Everence Capital Management and distributed through Foreside Financial Services, LLC member FINRA. Investment products offered are not FDIC insured, may lose value and have no bank guarantee.