Estate planning at Atlantic Union

Yes. Deposit accounts such as checking, savings, money market, and CDs can be retitled to a revocable living trust. Visit a branch with your trust agreement or Certificate of Trust, government-issued ID for all trustees, and the trust EIN if applicable. You can also contact Trust & Asset Management at 855-244-3767 to discuss the process. Allow 1-2 weeks for retitling to complete.

No. IRAs cannot be retitled to a trust. However, you can name your trust as the beneficiary of your IRA. Consult a tax advisor before doing this, as there are significant tax implications for trust beneficiaries under the SECURE Act distribution rules.

Yes. Atlantic Union Wealth Management can serve as sole trustee, co-trustee, or agent for trustees, including directed and administrative trustee roles. Their Trust Advisors review existing wills, powers of attorney, medical directives, and trust documents. They manage various trust types including special needs trusts, charitable trusts, life insurance trusts, foundation trusts, endowments, and irrevocable trusts. Contact Trust & Asset Management at 855-244-3767.

Yes. Atlantic Union can serve as executor or co-executor, handling asset gathering and inventory, securing property, court communications, beneficiary distribution, account closure, and fiduciary tax coordination. They also manage complex assets including real estate, rental properties, and limited liability entities.

Atlantic Union Bank offers five checking accounts: Free Checking (no monthly fee), Loyalty Checking (tiered interest, $10 fee waived with direct deposit or $2,500 balance), Preferred Checking (premium benefits, $25 fee waived with $25,000 balance), PRISM Checking (no overdraft fees, $5 fee waived under 25 or 62+), and ThankU Checking (no fee, for teachers, first responders, healthcare workers, and military). All require $25 minimum to open.