Estate planning at Beacon Pointe
How to protect 14 Beacon Pointe accounts — manage beneficiaries online, fund a trust in-branch, and file claims through Beacon Pointe's Private Wealth Management (estate plan review; delivered by your advisor, not a central desk)
Beacon Pointe Advisors - Headquarters
24 Corporate Plaza Drive, Suite 150, Newport Beach, CA 92660
Private Wealth Management (estate plan review; delivered by your advisor, not a central desk)
Your Beacon Pointe advisor (the firm has no claims department; the custodian pays the claim)
Beacon Pointe Advisors, 24 Corporate Plaza Drive, Suite 150, Newport Beach, CA 92660
Beacon Pointe has 14 investment accounts, each with different rules for what happens when the account holder dies. Of those, 9 can name a trust as beneficiary or be retitled into a trust. The right combination of beneficiary designations and trust ownership can keep the entire portfolio out of probate.
Beneficiary designations at Beacon Pointe can be managed online, in branch, by mail, and by phone, typically taking typically a few business days after the signed form reaches the custodian; the custodian, not Beacon Pointe, sets the processing time. Trust funding is also available, allowing families to retitle brokerage accounts into a trust.
There are two sides to estate planning at Beacon Pointe: setting things up while you're alive, and the process survivors follow after a death.
Preparing your estate
Beneficiaries and trust funding
How to manage beneficiaries online, fund a trust in-branch, and review 14 account types at Beacon Pointe.
View details →When someone dies
Death claim process
Contact Beacon Pointe's Private Wealth Management (estate plan review; delivered by your advisor, not a central desk) to file a claim. 9-step process, 8 required documents, and contact information for survivors.
View details →Beacon Pointe's Private Wealth Management (estate plan review; delivered by your advisor, not a central desk) can answer questions about beneficiaries, trusts, or death claims at (949) 718-1600.
Frequently asked questions
Yes, for the taxable side. Individual, joint, and wrap advisory accounts can be re-registered in the name of a revocable trust on the custodian's change-of-registration form, with positions moving in kind so nothing has to be sold. You will need a Certification of Trust or the trust agreement, ID for every trustee, and the trust tax identification number (the grantor's SSN for a revocable grantor trust). Your advisor coordinates the paperwork, but the custodian executes it. Retirement accounts — Traditional, Roth, Rollover, SEP, and SIMPLE IRAs — cannot be owned by a trust at all; you name the trust as beneficiary on the custodian's IRA beneficiary form instead. Beacon Pointe's own Form ADV says its planning services do not include preparing legal documents, including wills or trusts, so an attorney must draft the trust before there is anything to fund.
Sources
Data sourced from Beacon Pointe primary sources (15 pages reviewed). How we research.
Beacon Pointe Advisors - Headquarters
24 Corporate Plaza Drive, Suite 150, Newport Beach, CA 92660
Private Wealth Management (estate plan review; delivered by your advisor, not a central desk)
Your Beacon Pointe advisor (the firm has no claims department; the custodian pays the claim)
Beacon Pointe Advisors, 24 Corporate Plaza Drive, Suite 150, Newport Beach, CA 92660
Estate planning articles
Learn how to protect your Beacon Pointe accounts and other assets with trusts, beneficiary designations, and estate planning documents.
