Estate planning at Hanmi
How to protect 10 Hanmi accounts — manage beneficiaries in-branch, fund a trust in-branch, and file death claims
Customer Call Center
3660 Wilshire Boulevard, PH-A, Los Angeles, CA 90010
Customer Call Center
3660 Wilshire Boulevard, PH-A, Los Angeles, CA 90010
Customer Call Center (deceased-account and estate claims)
Hanmi Bank, 3660 Wilshire Boulevard, PH-A, Los Angeles, CA 90010
Hanmi has 10 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.
Account holders can update their beneficiary designations at Hanmi in branch, by mail, and by phone. Accounts can also be retitled into a trust to keep them out of probate entirely.
Hanmi 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 10 account types at Hanmi.
View details →When someone dies
Death claim process
7-step process, 6 required documents, and contact information for survivors.
View details →Hanmi 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. Visit a Hanmi branch with your trust agreement or Certification of Trust, government-issued photo ID for all trustees, and the trust tax identification number (EIN) if applicable. A representative completes the retitling paperwork. Existing POD designations should be removed when you retitle to a trust, since the trust document then governs distribution. Branches can walk through this in English or Korean. A revocable living trust does not need its own EIN while you are alive -- the income is taxed to you. Note that IRA CDs and IRA Savings cannot be retitled into a trust; a trust can only be named as beneficiary of those.
Sources
Data sourced from Hanmi primary sources (18 pages reviewed). How we research.
Customer Call Center
3660 Wilshire Boulevard, PH-A, Los Angeles, CA 90010
Customer Call Center
3660 Wilshire Boulevard, PH-A, Los Angeles, CA 90010
Customer Call Center (deceased-account and estate claims)
Hanmi Bank, 3660 Wilshire Boulevard, PH-A, Los Angeles, CA 90010
Estate planning articles
Learn how to protect your Hanmi accounts and other assets with trusts, beneficiary designations, and estate planning documents.
