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OverviewPreparing your estateWhen someone dies
OverviewPreparing your estateWhen someone dies
SimplyTrust forms
Letter of Instruction
Home→Financial Institutions→Live Oak Bank

Estate planning at Live Oak Bank

How to protect 10 Live Oak Bank accounts — manage beneficiaries online, fund a trust online, and file death claims

Live Oak Bank

Subsidiary of Live Oak Bancshares, Inc.

liveoak.bank→
L

Customer Success

Phone1-866-518-0286
Fax1-866-656-4611
Mailing Address

Live Oak Bank, 1757 Tiburon Drive, Wilmington, NC 28403

WebsiteLearn more→

Customer Success

Phone1-866-518-0286
Fax1-866-656-4611
Mailing Address

Live Oak Bank, 1757 Tiburon Drive, Wilmington, NC 28403

WebsiteLearn more→

Customer Success (Death Claims)

Phone1-866-518-0286
Fax1-866-656-4611
Mailing Address

Live Oak Bank, 1757 Tiburon Drive, Wilmington, NC 28403

Verified Jul 2026

Live Oak Bank has 10 accounts, each with different rules for what happens when the account holder dies. Of those, 10 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.

Live Oak Bank handles beneficiary designations online and by phone. Accounts can also be retitled into a trust to keep them out of probate entirely.

Live Oak Bank provides specific procedures for both proactive estate planning and filing claims after a death.

Preparing your estate

Beneficiaries and trust funding

How to manage beneficiaries online, fund a trust online, and review 10 account types at Live Oak Bank.

View details →

When someone dies

Death claim process

5-step process, 5 required documents, and contact information for survivors.

View details →

Frequently asked questions

When you name a revocable living trust as POD beneficiary at Live Oak Bank, FDIC coverage is determined by the number of unique beneficiaries of the trust, up to $250,000 per unique trust beneficiary per depositor (up to five beneficiaries). If your trust names two beneficiaries, the account may be insured up to $500,000. Because Live Oak Bank personal accounts have a $250,000 deposit maximum, this distinction is primarily relevant to customers with funds at or near that limit. Confirm current FDIC rules for revocable trust accounts at fdic.gov.

SimplyTrustSimplyTrust Editorial·Updated July 7, 2026

Sources

  • liveoak.bank
  • banks.data.fdic.gov
  • info.liveoak.bank
  • resources.liveoak.bank
  • secure.liveoak.bank

Data sourced from Live Oak Bank primary sources (11 pages reviewed). How we research.

Live Oak Bank

Subsidiary of Live Oak Bancshares, Inc.

liveoak.bank→
L

Customer Success

Phone1-866-518-0286
Fax1-866-656-4611
Mailing Address

Live Oak Bank, 1757 Tiburon Drive, Wilmington, NC 28403

WebsiteLearn more→

Customer Success

Phone1-866-518-0286
Fax1-866-656-4611
Mailing Address

Live Oak Bank, 1757 Tiburon Drive, Wilmington, NC 28403

WebsiteLearn more→

Customer Success (Death Claims)

Phone1-866-518-0286
Fax1-866-656-4611
Mailing Address

Live Oak Bank, 1757 Tiburon Drive, Wilmington, NC 28403

Verified Jul 2026

Estate planning articles

Learn how to protect your Live Oak Bank accounts and other assets with trusts, beneficiary designations, and estate planning documents.

Estate planning articles

Learn how to protect your Live Oak Bank accounts and other assets with trusts, beneficiary designations, and estate planning documents.

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Dave Ramsey on Trusts: What We Agree and Disagree On

Dave Ramsey on Trusts: What We Agree and Disagree On

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Jean Chatzky on Estate Planning: It’s a Gift

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Robert Kiyosaki on Trusts: A Structural Necessity

According to Robert Kiyosaki, trusts are a necessity for everyone, not only the wealthy.
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Ramit Sethi on Estate Planning: Start With a Living Trust

Ramit Sethi on estate planning: start with a living trust and have regular conversations with your heirs about how to manage finances when the trust becomes active.
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