Estate planning at Eastern
How to protect 13 Eastern accounts — manage beneficiaries in-branch, fund a trust in-branch, and file claims through Eastern's Cambridge Trust Wealth Management, a Division of Eastern Bank
Phone1-800-327-8376
WebsiteLearn more →
Cambridge Trust Wealth Management, a Division of Eastern Bank
Phone1-866-602-1522
Private Banking
WebsiteLearn more →
Death Claims
Phone1-800-327-8376
Toll-Free1-800-327-8376
Mailing Address
Eastern Bank, Customer Service Center, P.O. Box 4071, Wakefield, MA 01880-5371
Verified Mar 2026
Eastern offers 13 consumer accounts that interact with estate planning in distinct ways. Of those, 11 can name a trust as beneficiary or be retitled into a trust. Understanding the transfer methods available for each account type helps families keep assets out of probate and ensure they pass to the right people.
Beneficiary designations at Eastern can be managed in branch and by phone, typically taking 15-30 minutes. Trust funding is also available, allowing families to retitle accounts into the name of a revocable living trust.
Eastern provides specific procedures for both proactive estate planning and filing claims after a death.
Preparing your estate
Beneficiaries and trust funding
How to update beneficiaries in-branch, fund a trust in-branch, and review 13 account types at Eastern.
View details →When someone dies
Death claim process
Contact Eastern's Cambridge Trust Wealth Management, a Division of Eastern Bank to file a claim. 9-step process, 6 required documents, and contact information for survivors.
View details →For questions about any of these procedures, contact Eastern's Cambridge Trust Wealth Management, a Division of Eastern Bank at 1-866-602-1522. Email inquiries can be sent to privatebanking@easternbank.com.
Eastern 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. Checking, savings, money market, and CD accounts at Eastern Bank can be retitled to a revocable living trust. Visit a branch with your trust document or Certificate of Trust, government-issued ID for all trustees, and any applicable EIN. IRAs cannot be retitled to a trust, but a trust can be named as IRA beneficiary.
Yes. While IRAs cannot be titled in the name of a trust, you can name a trust as the beneficiary of your Traditional, Roth, Rollover, or SEP IRA at Eastern Bank. Consult a tax advisor before doing this, as there are significant tax implications for trust beneficiaries under the SECURE Act.
Cambridge Trust Wealth Management, a Division of Eastern Bank, offers fiduciary services including corporate trustee, personal representative for estate settlement, trust administration, and investment management. The team manages approximately $9.2 billion in assets and has expertise in trust codes and the Massachusetts Uniform Probate Code.
Yes. Cambridge Trust Wealth Management, a Division of Eastern Bank, can serve as corporate trustee or co-trustee. The fiduciary team develops and implements an investment strategy consistent with the terms of your trust instrument while remaining an impartial fiduciary placing the best interests of all beneficiaries first. Contact Cambridge Trust Wealth Management at 866-602-1522.
Cambridge Trust Wealth Management can serve as personal representative for estate settlement. Services include gathering and valuation of assets, payment of debts, filing of estate and income tax returns, coordination with attorneys and accountants, locating beneficiaries, managing probate property, and distributing assets per the will or court order.
Eastern Bank serves eastern Massachusetts, southern and coastal New Hampshire, Rhode Island, and Connecticut. Following the HarborOne Bancorp acquisition in November 2025, Eastern Bank is the largest Massachusetts-based bank with approximately $31 billion in assets. Cambridge Trust Wealth Management offices are located in Boston, MA; Southport, CT; Manchester, NH; and Concord, NH.
Phone1-800-327-8376
WebsiteLearn more →
Cambridge Trust Wealth Management, a Division of Eastern Bank
Phone1-866-602-1522
Private Banking
WebsiteLearn more →
Death Claims
Phone1-800-327-8376
Toll-Free1-800-327-8376
Mailing Address
Eastern Bank, Customer Service Center, P.O. Box 4071, Wakefield, MA 01880-5371
Verified Mar 2026
Estate planning resources for Eastern customers
Tools and documents to help protect your Eastern accounts.
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