Preparing your Atlantic Union accounts for estate transfer involves two primary strategies: designating beneficiaries on individual accounts and, where supported, retitling accounts into a revocable living trust. Both approaches bypass probate, but they work differently depending on the account type.

With 17 product types, Atlantic Union offers a range of transfer options. Some accounts support Payable on Death (POD) designations, others can be retitled into a trust, and some require probate if no beneficiary is designated. The sections below break down each step.

Free CheckingLoyalty CheckingPreferred CheckingPRISM CheckingThankU CheckingPersonal SavingsLoyalty SavingsPRISM SavingsDeluxe Club SavingsMoney MarketPerformance Money MarketCertificate of Deposit (CD)Health Savings Account (HSA)

1Visit an Atlantic Union Bank branch

2Bring valid government-issued photo ID

3Request to add a POD (Payable on Death) beneficiary designation to your deposit account

4Provide each beneficiary's full legal name and identifying information

5Specify percentage allocations if naming multiple beneficiaries

6For IRA accounts, complete separate beneficiary designation paperwork

7Sign updated account documentation

8Request a copy of the updated designation for your records

Required Documents

Trust name, date established, and tax ID (EIN or SSN)

Special Requirements

Beneficiary cannot withdraw unless account owner dies and beneficiary is then living
Account owner retains the right to change beneficiaries, change account types, and withdraw funds at any time
Joint account holders may need to agree on beneficiary designations
Beneficiary changes must be made by notifying the bank in writing or in person; the bank requires reasonable opportunity to act on the request
For IRA accounts with multiple beneficiaries, unequal shares may be designated by notifying the bank in writing