How to name beneficiaries and fund a trust at Apple Bank
Covers 8 deposit, and 4 retirement accounts — beneficiaries must be updated in-branch
Apple Bank Customer Service - CustomerLine
Estate Settlement Services (estate settlement, estate bank account)
Apple Bank Estate Settlement Services, 1075 Central Park Avenue, Suite B09, Scarsdale, NY 10583-3242
Estate Settlement Services
Apple Bank Estate Settlement Services, 1075 Central Park Avenue, Suite B09, Scarsdale, NY 10583-3242
The key to protecting your Apple Bank accounts is making sure each one has a transfer mechanism in place—either a beneficiary designation or trust ownership. Without one, the account goes through probate, adding time, cost, and court involvement for your family.
Apple Bank has 12 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.
- Choose the account title: Individual, Individual In Trust For (I/T/F), Joint, or Jointly In Trust For (I/T/F)
- Complete the Beneficiary Designation -- In Trust For (I/T/F) or Payable on Death -- with the beneficiary's last name, first name, middle initial, address, date of birth, and relationship
- The beneficiary does not sign the form
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- Deposit-account POD beneficiaries are recorded on the account title card -- there is no online beneficiary tool
- Married IRA owners naming a non-spouse primary beneficiary must obtain spousal consent on the IRA/HSA Beneficiary Designation form
- A new beneficiary designation supersedes all prior designations for the same account
Sources
Data sourced from Apple Bank primary sources (14 pages reviewed). How we research.
Download these Apple Bank instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Apple Bank primary sources. Bring it to the branch or keep it beside the phone.
Apple Bank Customer Service - CustomerLine
Estate Settlement Services (estate settlement, estate bank account)
Apple Bank Estate Settlement Services, 1075 Central Park Avenue, Suite B09, Scarsdale, NY 10583-3242
Estate Settlement Services
Apple Bank Estate Settlement Services, 1075 Central Park Avenue, Suite B09, Scarsdale, NY 10583-3242
Estate planning articles
Learn how to protect your Apple Bank accounts and other assets with trusts, beneficiary designations, and estate planning documents.
Is this your situation?
Get a complete guide for your specific circumstances.
New Baby or Adoption
Your family is growing. Your protection should too. Guardian nominations, trusts for minors, beneficiary updates, and the documents new parents need in place.
Learn more
Marriage
What married couples need in place: one joint trust or two, wills, beneficiary updates, and the spousal rights your state grants you automatically.
Learn more
New Home
How to put your house in a revocable trust: the deed you record, what it does to your mortgage and property taxes, and when a TOD deed is simpler.
Learn more
Retirement
Retirement changes your financial picture. Healthcare directives, beneficiary reviews, long-term care planning, and protecting what you've built.
Learn moreMore estate planning resources
Explore related tools and documents to complete your estate plan.
How Much Does Probate Cost?
Estimate attorney fees, executor fees, court costs, and timeline for probating an estate in your state. See if the estate qualifies for simplified probate procedures.
Who Inherits Without a Will?
Find out who inherits your estate and how much they get if you die without a will. Based on your state's intestate succession laws.
How Much Are Estate & Inheritance Taxes?
Calculate federal estate tax, state estate tax (12 states + DC), and inheritance tax (5 states) for an estate or trust.
What Does Estate Planning Actually Cost?
See the true cost of estate planning. Compare SimplyTrust, Trust & Will, LegalZoom, and attorneys including life events like marriage, divorce, and having children.
How Much Does a Revocable Living Trust Cost?
Compare the cost of creating a revocable living trust. See how SimplyTrust, Trust & Will, LegalZoom, and attorneys compare over 5 years including life events.
How Much Does a Will Cost?
Compare the cost of creating a will. See document costs plus probate fees your heirs will pay. Compare SimplyTrust, Trust & Will, LegalZoom, and attorneys.
