Estate planning at Coastal Community Bank
How to protect 13 Coastal Community Bank accounts — manage beneficiaries in-branch, fund a trust in-branch, and file death claims
Customer eXperience (CX) Team
Coastal Community Bank, P.O. Box 12220, Everett, WA 98206
Customer eXperience (CX) Team
Coastal Community Bank, P.O. Box 12220, Everett, WA 98206
Customer eXperience (CX) Team
Coastal Community Bank, P.O. Box 12220, Everett, WA 98206
Coastal Community Bank has 13 accounts, each with different rules for what happens when the account holder dies. Of those, 11 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.
Account holders can update their beneficiary designations at Coastal Community Bank in branch, by mail, and by phone. Accounts can also be retitled into a trust to keep them out of probate entirely.
Coastal Community Bank has documented procedures for both preparing accounts during your lifetime and handling claims when an account holder passes away.
Preparing your estate
Beneficiaries and trust funding
How to update beneficiaries in-branch, fund a trust in-branch, and review 13 account types at Coastal Community Bank.
View details →When someone dies
Death claim process
5-step process, 7 required documents, and contact information for survivors.
View details →Coastal Community Bank operates in select states, so estate planning procedures may vary by location. Confirm availability in your state before initiating trust funding or account changes.
Frequently asked questions
Yes. Coastal Community Bank accepts both revocable and irrevocable trust accounts for checking, savings, money market, and CD accounts. Visit a local branch (see https://www.coastalbank.com/locations/) with your Certification of Trust (or full trust agreement), trustee identification, and the trust Tax Identification Number. Existing accounts can also be retitled to a trust without closing them.
Yes. Existing deposit accounts (checking, savings, money market, CDs) can be retitled to your revocable living trust. Visit a Coastal Community Bank branch with your Certification of Trust and trustee identification. The process does not require closing and reopening the account if the same SSN or EIN is used. IRA accounts cannot be retitled to a trust.
Sources
Data sourced from Coastal Community Bank primary sources (18 pages reviewed). How we research.
Customer eXperience (CX) Team
Coastal Community Bank, P.O. Box 12220, Everett, WA 98206
Customer eXperience (CX) Team
Coastal Community Bank, P.O. Box 12220, Everett, WA 98206
Customer eXperience (CX) Team
Coastal Community Bank, P.O. Box 12220, Everett, WA 98206
Estate planning articles
Learn how to protect your Coastal Community Bank accounts and other assets with trusts, beneficiary designations, and estate planning documents.
