How to name beneficiaries and fund a trust at City National WV
Beneficiaries are managed in branch, by phone or by mail. Trust paperwork is taken in branch, by phone or by mail
There are two ways to keep your City National WV accounts out of probate: adding beneficiary designations and retitling eligible accounts into a revocable living trust. Which approach works best depends on the account type and your overall estate plan.
Across 18 product types, City National WV accounts vary in how they transfer at death. The sections below walk through Payable on Death (POD) designations, trust funding options, and which products support each method.
Beneficiary form at City National WV
Deposit account POD beneficiary designation (for payable-on-death accounts) and IRA beneficiary designation (for IRAs).
- Deposit accounts: full legal name, date of birth, Social Security number, and relationship for each POD beneficiary
- IRA accounts: complete the IRA beneficiary designation with both primary and contingent beneficiary sections
- Account number(s) for the accounts to be updated
- Identity verification information as requested by the representative
- Full legal name, date of birth, Social Security number, and relationship for each beneficiary
- Allocation percentages if you want something other than the per capita split
- Contingent beneficiaries, on an IRA
Required Documents
- Beneficiary's full legal name (for each beneficiary)
- Beneficiary's date of birth (for each beneficiary)
- Beneficiary's Social Security number (for each beneficiary)
- Beneficiary's relationship to the owner (for each beneficiary)
- Valid government-issued photo ID (at a branch)
- Account numbers for the accounts to be updated (by phone)
- Identity verification information (by phone, as the representative requests)
- Copy of the Certification of Trust (when naming a trust). The bank may require it
- Certification of Trust (also called a Trust Abstract or Affidavit of Trust) or the complete trust agreement
- Trust tax identification number (EIN), or the grantor's Social Security number for a revocable trust
- Any amendments or restatements
- Trust name exactly as it appears in the trust document
- EIN or grantor SSN for the trust
- Trustee names and contact information
Required Documents
- Certification of Trust or a complete copy of the trust agreement. A Certification of Trust (also called a Trust Abstract or Affidavit of Trust); without one, a complete copy of the trust agreement
- Valid government-issued photo ID (for all trustees)
- Social Security number or Tax Identification Number (EIN) for the trust
- Any amendments to the original trust agreement
- Death certificates (if a grantor or trustee is deceased)
- Deposit accounts: full legal name, date of birth, Social Security number, and relationship for each POD beneficiary
- IRA accounts: complete the IRA beneficiary designation with both primary and contingent beneficiary sections
- Account number(s) for the accounts to be updated
- Identity verification information as requested by the representative
- Full legal name, date of birth, Social Security number, and relationship for each beneficiary
- Allocation percentages if you want something other than the per capita split
- Contingent beneficiaries, on an IRA
Required Documents
- Beneficiary's full legal name (for each beneficiary)
- Beneficiary's date of birth (for each beneficiary)
- Beneficiary's Social Security number (for each beneficiary)
- Beneficiary's relationship to the owner (for each beneficiary)
- Valid government-issued photo ID (at a branch)
- Account numbers for the accounts to be updated (by phone)
- Identity verification information (by phone, as the representative requests)
- Copy of the Certification of Trust (when naming a trust). The bank may require it
What City National WV says about beneficiaries and trusts
Each section is City National WV's own statement, with the document it comes from numbered under Sources.
Which accounts take a beneficiary3
- Payable-on-death account
A deposit account takes a payable-on-death (POD) designation.1
- IRA
An IRA takes a beneficiary designation rather than a POD designation. The IRA designation has primary and contingent beneficiary sections.1
- Health savings account
An HSA takes a beneficiary designation rather than a POD designation.1
Who can be named1
How many beneficiaries, and how shares are split
What a designation takes to be effective
- IRA
For a married account holder, an IRA beneficiary change may require the spouse's consent.1
Beneficiary forms City National WV issues2
- Deposit account POD beneficiary designation
For payable-on-death accounts. Completed by the account owner. Sent by the institution on request.1
Return to
Mailing address: City National Bank, PO Box 7520, Cross Lanes, WV 25356-0520
- IRA beneficiary designation
For IRAs. Completed by the account owner. Sent by the institution on request.1
Return to
Mailing address: City National Bank, PO Box 7520, Cross Lanes, WV 25356-0520
Which accounts a trust can hold3
- Trust account
City National Bank accepts both revocable and irrevocable trusts for deposit accounts. Any branch will title a checking, savings, money market or CD account to a trust with no minimum.1
A City Wealth Management trust relationship, where the bank invests or administers the assets, requires an appointment and carries a $25,000 minimum account relationship.2
- IRA
IRAs and Roth IRAs cannot be retitled to a trust and stay in the individual's name.2
- Health savings account
An HSA cannot be retitled to a trust and stays in the individual's name.2
Trust account forms City National WV issues1
- Trust account application
Sent by the institution on request.1
Return to
Mailing address: City National Bank, PO Box 7520, Cross Lanes, WV 25356-0520
What City National WV says about trust accounts3
- Whether a new account is opened
An existing deposit account can be retitled to a trust without closing and reopening it, provided the same SSN or EIN is used.1
- Fees
City Wealth Management states an all-inclusive fee structure with no hidden fees.2
- Online access
City Wealth Management trust clients have 24/7 online account access through their own "Trust Services Login," separate from consumer Online Banking.2
Accounts handled elsewhere1
- City Wealth Management
Serving as trustee, managing investments inside a trust, or supporting a client who serves as their own trustee2
Not in City National WV's published guidance1
- A beneficiary form to download
Sources3
Sources
Data sourced from City National WV primary sources (16 pages reviewed). How we research.
Download these City National WV instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against City National WV primary sources. Bring it to the branch or keep it beside the phone.
City National WV estate support
City Wealth Management
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