How to name beneficiaries and fund a trust at Jeanne D'Arc CU
Covers 12 deposit, and 4 retirement accounts — beneficiaries must be updated in-branch
Member Contact Center
P.O. Box 1238, Lowell, MA 01853
Member Contact Center
P.O. Box 1238, Lowell, MA 01853
Member Contact Center — Jeanne D'Arc has no separate estate, trust, or deceased-member department
Jeanne D'Arc Credit Union, P.O. Box 1238, Lowell, MA 01853
Preparing your Jeanne D'Arc CU accounts for estate transfer involves two key steps: designating beneficiaries on each account and, where appropriate, retitling accounts into a trust. Because Jeanne D'Arc CU is a membership-based institution, trust retitling must maintain the membership eligibility requirement. Accounts with Payable on Death designations or trust ownership bypass probate entirely.
The transfer rules at Jeanne D'Arc CU vary across 16 accounts. Below is a breakdown of beneficiary options, trust funding, and which products support each method.
- Massachusetts accounts: a Revocable Trust Account (an "in trust for" account) — you are the trustee and the person you name is the beneficiary. Jeanne D'Arc does not offer a Massachusetts Payable-on-Death account under its consumer account agreement
- New Hampshire accounts: a Pay-on-Death (POD) account, where the named beneficiary can withdraw only after every person who created the account has died and the beneficiary is then living
- IRAs: a separate IRA beneficiary form — the credit union is the IRA trustee/custodian, and the deposit-account designation does not carry over
- Full name, date of birth, Social Security number, and relationship
- Under the account agreement the beneficiaries must be fully identified, so partial information will be rejected
- Name two or more beneficiaries if you want them to share; on a New Hampshire POD account multiple surviving beneficiaries take in equal shares, without right of survivorship
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- Massachusetts members use a Revocable Trust Account (in-trust-for) to name a death beneficiary on a deposit account; Pay-on-Death (POD) accounts are offered to New Hampshire members under the account agreement
- Online beneficiary designation is not available; there is no downloadable form and no beneficiary screen in online or mobile banking. Requests are made by phone (978-452-5001) or in branch and signed in person
- The account agreement requires that beneficiaries be fully identified
- IRA beneficiary designations are separate from the trust-account/POD designations on deposit accounts; the credit union acts as IRA trustee or custodian
- Review recommended after marriage, divorce, birth of a child, or other major life events
Sources
Data sourced from Jeanne D'Arc CU primary sources (19 pages reviewed). How we research.
Download these Jeanne D'Arc CU instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Jeanne D'Arc CU primary sources. Bring it to the branch or keep it beside the phone.
Member Contact Center
P.O. Box 1238, Lowell, MA 01853
Member Contact Center
P.O. Box 1238, Lowell, MA 01853
Member Contact Center — Jeanne D'Arc has no separate estate, trust, or deceased-member department
Jeanne D'Arc Credit Union, P.O. Box 1238, Lowell, MA 01853
Estate planning articles
Learn how to protect your Jeanne D'Arc CU 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 moreMore estate planning resources
Explore related tools and documents to complete your estate plan.
How Much Does Probate Cost?
Estimate attorney fees, executor fees, court costs, and timeline for probating an estate in your state. See if the estate qualifies for simplified probate procedures.
Who Inherits Without a Will?
Find out who inherits your estate and how much they get if you die without a will. Based on your state's intestate succession laws.
How Much Are Estate & Inheritance Taxes?
Calculate federal estate tax, state estate tax (12 states + DC), and inheritance tax (5 states) for an estate or trust.
What Does Estate Planning Actually Cost?
See the true cost of estate planning. Compare SimplyTrust, Trust & Will, LegalZoom, and attorneys including life events like marriage, divorce, and having children.
How Much Does a Revocable Living Trust Cost?
Compare the cost of creating a revocable living trust. See how SimplyTrust, Trust & Will, LegalZoom, and attorneys compare over 5 years including life events.
How Much Does a Will Cost?
Compare the cost of creating a will. See document costs plus probate fees your heirs will pay. Compare SimplyTrust, Trust & Will, LegalZoom, and attorneys.
