Estate planning and settlement at Cathay Bank
Name beneficiaries in branch, fund a trust in branch, and report a death at 1-800-922-8429
Cathay Bank has 15 accounts, each with different rules for what happens when the account holder dies. Of those, 10 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.
Cathay Bank lets account holders update beneficiary designations in branch, by phone, and by mail, typically taking 15 to 30 minutes in a branch. Trust funding is also available, allowing families to retitle accounts into the name of a revocable living trust.
Cathay Bank provides specific procedures for both proactive estate planning and filing claims after a death.
Beneficiaries and trust funding
How to update beneficiaries in-branch, fund a trust in-branch, and review 15 account types at Cathay Bank.
Preparing your estate →Death claim process
Report the death to Cathay Bank Customer Service Center at 1-800-922-8429. The page lists the steps and the documents to send.
When someone dies →Cathay Bank's Cathay Wealth Management can answer questions about beneficiaries, trusts, or death claims at 1-877-722-8429.
Cathay Bank is not available nationwide. Estate planning procedures may vary by state, so confirm that your location is served before making account changes.
Sources
Data sourced from Cathay Bank primary sources (15 pages reviewed). How we research.
Cathay Bank customer support
Cathay Bank Customer Service Center (also published as the Client Care Center)
Phone
Toll-free
Overseas customers
U.S. customers calling from Hong Kong (toll-free)
Foreign Exchange Department
Loans / mortgage account information and error resolution
Business Online Banking
Hours
Mailing address
Website
Estate planning articles
Learn how to protect your Cathay Bank accounts and other assets with trusts, beneficiary designations, and estate planning documents.
Forms for Planning Your Estate
Free forms for planning your estate: a will, living trust, pour-over will, both powers of attorney, living will, and TOD deed.
Last Will and Testament
Name your heirs, guardians, and final wishes. Free for every state.
Transfer on Death Deed
Transfer real property to a beneficiary upon your death without probate. Available in 34 states and the District of Columbia.
Vehicle Transfer on Death
Name a beneficiary to inherit your vehicle at death without probate. Available in 26 states and the District of Columbia.
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How Much Does a Revocable Living Trust Cost?
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How Does SimplyTrust Compare to LegalZoom, Trust & Will, and Other Services?
Compare what it costs to make a trust official across SimplyTrust, LegalZoom, Trust & Will, Rocket Lawyer, and Quicken WillMaker.
