What happens to your InBank accounts when you die
No beneficiary or trust option on any account, so they pass through the estate
InBank does not currently support beneficiary designations, transfer-on-death registrations, or trust account titling on any account type. All InBank accounts pass through the estate at death and may require probate.
When an account holder dies, the executor or administrator will need to contact InBank with a death certificate and legal authority documents to claim account balances. The process and required documents are covered on the death claim page.
InBank does not currently support beneficiary designations (POD or TOD) on any account type. All accounts transfer through the estate at death and may require probate.
Why trust accounts are not available
InBank does not support retitling accounts into a trust, naming a trust as beneficiary, or any other probate-avoidance mechanism. Account balances transfer through the estate at death.
InBank Personal Checking
Everyday checking with online and mobile banking, bill pay, a debit card and a first check order.
InBank Interest Checking
Checking that pays tiered interest, with online and mobile banking and bill pay.
InBank Timeless Checking
Checking for customers aged 50 and over, with free cashier's checks and paper statements.
InBank Student Checking
Checking with no monthly fee for students at all levels, with ten ATM transaction fees refunded.
InBank Elite Checking
The private banking checking account, with no monthly fee, no minimum balance and all ATM fees refunded.
InBank Advantage Checking
Checking with no monthly fee that pays tiered interest on balances over $1,000.
Regular Savings
Personal savings with tiered interest and online banking.
InBank Money Market
A tiered-rate money market account with online and mobile banking and bill pay.
Certificates of Deposit
Fixed-return certificates for individuals and businesses. InBank does not post its terms or rates online and asks customers to speak with a banker, and it says an early withdrawal may carry a penalty.
InBusiness Checking Accounts
Business checking in several tiers (InBusiness Checking, Plus, Platinum, Interest, Analysis and Community for nonprofits and public entities), with business savings and money market accounts beside them.
Sources
(2)·
Data sourced from InBank primary sources (27 pages reviewed). How we research.
InBank estate support
Phone
Toll-free
Business customer support
Office
Website
Estate requests go through general customer service.
Estate planning articles
Learn how to protect your InBank accounts and other assets with trusts, beneficiary designations, and estate planning documents.
Is this your situation?
Get a complete guide for your specific circumstances.
New Baby or Adoption
Your family is growing. Your protection should too. Guardian nominations, trusts for minors, beneficiary updates, and the documents new parents need in place.
Learn more
Marriage
What married couples need in place: one joint trust or two, wills, beneficiary updates, and the spousal rights your state grants you automatically.
Learn more
New Home
How to put your house in a revocable trust: the deed you record, what it does to your mortgage and property taxes, and when a TOD deed is simpler.
Learn more
Retirement
Retirement changes your financial picture. Healthcare directives, beneficiary reviews, long-term care planning, and protecting what you've built.
Learn moreForms for Planning Your Estate
Free forms for planning your estate: will, living trust, pour-over will, powers of attorney and TOD deed. Prepare each form for your state and download the PDF.
Revocable Living Trust
Create a revocable living trust to avoid probate, protect privacy, and control asset distribution.
Last Will and Testament
Name your heirs, guardians, and final wishes. Free for every state.
Codicil to a Will
Add, revoke or replace provisions of your will and republish the rest, signed as your state requires for a will.
Tools for Planning Your Estate
Free tools for planning your estate: will and trust costs, trust or TOD deed, and the signing rules. Run each tool for your state and read its answer.
How Much Does a Revocable Living Trust Cost?
Compare revocable living trust costs across providers including online services and attorneys.
How Does SimplyTrust Compare to LegalZoom, Trust & Will, and Other Services?
Compare what it costs to make a trust official across SimplyTrust, LegalZoom, Trust & Will, Rocket Lawyer, and Quicken WillMaker.
Do I Need a Revocable Trust?
Find out if a revocable trust makes sense based on your state, estate value, and family situation.
Trust or Will: Which Costs Less?
Compare the cost of probate vs a trust for your state and estate value.
How Much Is the Federal Gift Tax?
Whether a gift owes federal gift tax, how much of the annual exclusion and lifetime exemption it uses, and whether Form 709 is due.
What Does Estate Planning Actually Cost?
Compare costs across estate planning providers including online services and attorneys.
