Estate planning at HSBC
How to protect 10 HSBC accounts — manage beneficiaries in-branch, fund a trust in-branch, and file death claims
HSBC Bank USA, N.A., P.O. Box 9, Buffalo, NY 14240
HSBC Bank USA, N.A., P.O. Box 9, Buffalo, NY 14240
Bereavement support (handled on the Premier line; HSBC publishes no separate estates department or bereavement mailing address)
HSBC Bank USA, N.A., P.O. Box 9, Buffalo, NY 14240 (general deposit correspondence; Premier clients: HSBC Premier Service Center, P.O. Box 22, Buffalo, NY 14240 -- confirm the correct address on the bereavement call)
HSBC offers 10 consumer accounts that interact with estate planning in distinct ways. Of those, 8 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 HSBC can be managed in branch and by mail. Trust funding is also available, allowing families to retitle accounts into the name of a revocable living trust.
There are two sides to estate planning at HSBC: setting things up while you're alive, and the process survivors follow 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 HSBC.
View details →When someone dies
Death claim process
8-step process, 9 required documents, and contact information for survivors.
View details →Because HSBC serves a limited number of states, procedures for trust funding and beneficiary changes may differ depending on your location. Verify availability before starting.
Frequently asked questions
Yes -- notarization is mandatory. Download the HSBC Change or Remove a Beneficiary Package (Deposit Accounts) and print all pages. To change a beneficiary you complete the Fiduciary Account Change Beneficiary Form plus the Fiduciary Deposit Agreement; to remove the last beneficiary you complete the Fiduciary Account Change Beneficiary Form plus the Master Deposit Agreement. The package requires the Fiduciary Account Change Beneficiary Form to be notarized by a Notary Public, either at an HSBC Wealth Center or through an outside notary service. Mail the completed, notarized package to HSBC Bank USA, NA, Attn: Account Opening, PO Box 9, Buffalo, NY 14240. There is no online path for beneficiary changes. Beneficiaries on a brokerage or IRA account at HSBC Securities (USA) Inc. are handled separately, through your Wealth Relationship Manager.
Sources
Data sourced from HSBC primary sources (21 pages reviewed). How we research.
HSBC Bank USA, N.A., P.O. Box 9, Buffalo, NY 14240
HSBC Bank USA, N.A., P.O. Box 9, Buffalo, NY 14240
Bereavement support (handled on the Premier line; HSBC publishes no separate estates department or bereavement mailing address)
HSBC Bank USA, N.A., P.O. Box 9, Buffalo, NY 14240 (general deposit correspondence; Premier clients: HSBC Premier Service Center, P.O. Box 22, Buffalo, NY 14240 -- confirm the correct address on the bereavement call)
Estate planning articles
Learn how to protect your HSBC accounts and other assets with trusts, beneficiary designations, and estate planning documents.
