How to name beneficiaries and fund a trust at Alliant
Covers 11 deposit, 4 retirement, and 1 investment accounts at Alliant
Member Care Center
Alliant Credit Union, P.O. Box 66945, Chicago, IL 60666-0945
Special Services (trust accounts)
Alliant Credit Union, Attn: Special Services, P.O. Box 66945, Chicago, IL 60666-0945 (overnight: 11545 W. Touhy Avenue, Chicago, IL 60666)
Member Care Center (intake) and Special Services (account settlement)
Alliant Credit Union, Attn: Special Services, P.O. Box 66945, Chicago, IL 60666-0945 (courier/overnight: 11545 W. Touhy Ave, Chicago, IL 60666-0945)
There are two ways to keep your Alliant accounts out of probate: adding Payable on Death designations and retitling accounts into a trust. Because Alliant is a membership-based institution, trust retitling must maintain the membership eligibility requirement. Both methods ensure your accounts transfer directly to the people you choose, without court involvement.
Alliant has 16 product types, and the estate transfer rules differ across them. Some support Payable on Death (POD) designations, some can be retitled into a trust, and others will require probate if nothing is set up. Each is covered below.
- First, middle, and last name, plus proportion (percentages must total 100%; if left blank, funds are distributed equally)
- Street address — the form states a P.O. Box is not accepted
- Social Security Number or ITIN, date of birth, and relationship
- To name a trust: put the first word of the trust name in the First name field and the rest in the Last name field (e.g. First: "The", Last: "Smith Family Trust"), enter the trust's creation date in the DOB field, and the SSN or EIN associated with the trust in the SSN field
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- Beneficiaries may NOT be added to a checking account (Account Agreement sec. 2f). Only Savings, Supplemental Savings, and Certificate accounts appear on the A333 form
- Alliant does not offer contingent beneficiaries on deposit accounts — only primary beneficiaries. If a beneficiary predeceases the owner, that share is split equally among the surviving beneficiaries
- The same person cannot be both a joint owner and a beneficiary on the same Share ID
- A beneficiary or joint owner cannot be added to a certificate over the phone
- A trust may be named as beneficiary on a personal account, entered using Alliant's first-word/rest-of-name field convention with the trust's creation date as the DOB and its SSN or EIN
- IRA and Coverdell ESA beneficiaries use separate forms; the IRA form (G311) does support secondary beneficiaries and requires spousal consent when the spouse is not a primary beneficiary for at least 50%
- Beneficiary designations are per Share ID: the beneficiaries on a certificate can differ from those on the savings account, except for IRA certificates, which follow the IRA's own designation
Sources
Data sourced from Alliant primary sources (15 pages reviewed). How we research.
Download these Alliant instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Alliant primary sources. Bring it to the branch or keep it beside the phone.
Member Care Center
Alliant Credit Union, P.O. Box 66945, Chicago, IL 60666-0945
Special Services (trust accounts)
Alliant Credit Union, Attn: Special Services, P.O. Box 66945, Chicago, IL 60666-0945 (overnight: 11545 W. Touhy Avenue, Chicago, IL 60666)
Member Care Center (intake) and Special Services (account settlement)
Alliant Credit Union, Attn: Special Services, P.O. Box 66945, Chicago, IL 60666-0945 (courier/overnight: 11545 W. Touhy Ave, Chicago, IL 60666-0945)
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